Ethereum's recent market performance is indeed worth paying attention to. Data shows that recently, 900,000 ETH have entered staking, indicating that institutional funds are actively seeking yield channels. This suggests that selling pressure has significantly eased. From a capital perspective, large investors are frequently buying around the $3,000 mark, and there are also subtle signs of ETF inflows gradually entering the market.

On the technical side, the current support levels are very clear. Short-term strong support is between $3,000 and $3,050, while secondary support lies around $3,080 to $3,100. If the price cannot hold above $2,950, the defensive position will fail. Looking upward, the resistance levels at $3,250-$3,270 and $3,300-$3,350 form two clear barriers. Once the price breaks through the critical zone of $3,400-$3,450, the next target is directly aimed at $4,000.

Overall, ETH is standing at the threshold of a new phase in the super cycle. The active institutional entry, the fading selling pressure, and the continuous accumulation by large investors all point in the same direction. The key now is whether it can effectively break through the resistance around $3,400.