$ETH

📈 Core Highlights

1. Absolute Dominance in RWA Sector: The value of tokenized real-world assets on the Ethereum blockchain has exceeded $12.2 billion, dominating the market. Recently, DTCC received SEC approval to launch regulated tokenization services, further reinforcing this trend.

2. Steady Institutional Adoption: Institutions represented by BitMine continue to accumulate ETH, showing their confidence in ETH as a core settlement layer and long-term value storage asset.

3. Continuous Expansion of Application Access: European fintech giant Revolut integrates with Trust Wallet to provide European users with zero-fee purchases and direct self-custody of ETH, significantly lowering the entry barrier for mainstream users.

⚠️ Note the Risks

1. Extremely High Market Leverage: The estimated leverage ratio in exchanges has reached a historic high of 0.579, indicating that the market is very sensitive to price fluctuations, and any volatility may trigger a chain liquidation.

2. Short-term Volatility Events: Today (December 12), Ethereum options worth $770 million are about to expire, with a maximum pain price of $3,100, which may exacerbate market volatility in the short term.

3. Insufficient Technical Momentum: RSI indicators are hovering around 55, indicating weak buying momentum, with prices lacking strong upward momentum support.

💎 Core Summary

Overall, Ethereum demonstrates a strong long-term fundamental: it holds an absolute advantage in the RWA tokenization sector, and institutional adoption and user access are steadily widening. However, in the short term, high market leverage and option expirations pose significant risks, and technical momentum appears insufficient, potentially leading to price volatility. The market needs to seek a balance between long-term narratives and short-term risks.

Note: Market analysis contains subjective judgments, and the market changes rapidly, please be aware of the risks.

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