Recent Ethereum Market Analysis

The recent Ethereum market has been fluctuating amid a tug-of-war between bulls and bears. Although the Fusaka upgrade has temporarily improved Layer 2 efficiency and reduced fees, it has failed to sustain price increases. Affected by the cooling expectations of interest rate cuts from the Federal Reserve, the price has dropped below the $3000 mark, currently testing the $2800 support level, with the $2749 Fibonacci level serving as a critical lifeline.

Institutional movements have intensified volatility, with short-term outflows from ETFs like BlackRock, but long-term positioning in staking products continues. At the same time, the risks of centralized staking have become apparent, as solo nodes decrease, but high staking volumes and low exchange inventories form a bottom support. Moving forward, attention must be paid to ETF fund flows and technical rebound signals. $ETH $BNB $SOL #加密市场观察 #ETH走势分析 #美联储降息预期升温