1. Privacy Upgrade: Ethereum advances full-stack privacy infrastructure (including Kohaku stealth address, Aztec programmable privacy technology), balancing anonymity and auditability, catering to institutional needs for commercial secret protection, with over 600 projects already using Noir language to develop privacy applications; $BTC
2. BlackRock ETF: Submitting a staking ETH ETF (ETHB), with 70%-90% of holdings staked, compliant custody through Coinbase, investors earn price returns +3%-5% annualized, its existing spot ETF has managed $13.1 billion, approval could attract billions in funds, but faces competition from institutions like VanEck for approvals, with the SEC's final decision possibly delayed until April 2026; $ETH
3. Target Price and Institutional Actions: Wall Street calls for $62,500, requiring Bitcoin to first reach $250,000 + ETH/BTC ratio to return to the 2021 peak of 0.25; Giants like BitMine have recently increased their holdings by over 170,000 ETH, with total holdings exceeding 3.89 million (accounting for 3.3% of circulation), short-term resistance seen at $3,170 and $3,936, support level at $2,835; $DOGE
4. Risks: The target price is an extremely optimistic scenario, institutional staking may exacerbate Ethereum centralization, Vitalik warns that the core of decentralization may be eroded, do not blindly chase high prices. #巨鲸动向 #ETH走势分析 #加密市场观察
🐶p u p p i e s 🐶
