Sudden news during lunch! Institutional funds are flooding into the ETH market.
Just as ordinary investors hesitate, Wall Street sharks have already struck hard! Latest data shows that the U.S. Bitcoin spot ETF has raised $403.9 million in a single day, and Ethereum ETF has seen a crazy inflow of $461 million. Among them, BlackRock spent $360 million to buy BTC, and Fidelity invested $130 million to scoop up ETH—this is the real reason for ETH's sudden surge of 180 points at noon!

The critical battle at 4200 points has begun!
Currently, ETH is hovering around the important threshold of 4200 points, but technical indicators have issued warning signals:

  1. There is strong resistance at 4220 points, with bears setting up heavy positions here.

  2. There are large buy orders supporting at 4170 points, but there is insufficient following funds above 4180 points.

  3. The price oscillates repeatedly at 4180 points, but the trading volume continues to shrink.

Short-term warning: If it cannot break through 4220 points, it may retrace to the 4140-4100 support range. Especially be cautious of the chain reaction that may occur if the 4170 support is breached!

Institutional movements contain hidden secrets.
Although BlackRock and Fidelity are buying heavily, the Grayscale ETHE fund is still seeing continuous inflows. Historical experience shows that this may be a signal for institutions to offload via ETFs. If the U.S. CPI data shows fluctuations tonight, it is likely to trigger severe volatility!

Operating recommendations:

  1. Aggressive investors can take profits in batches above 4200 points, and buy back when it retraces to 4140 points.

  2. Conservative investors should consider reducing positions if it falls below 4170 points.

  3. Long-term holders need to beware of possible severe fluctuations.

Important reminder: Today's large purchases by institutions may just be the beginning. The real showdown will unfold after the U.S. CPI data is released tomorrow evening. If the data is favorable, ETH is expected to break through 4220 points to attack 4300 points; if the data is unfavorable, the 4000-point integer level will face severe tests!

Are you trapped? When will you buy the dip? Still the same words, confused and helpless, not knowing what to do, click on the avatar to follow. I need fans, you need references #特朗普加密新政 Follow Crypto Bingbing