#ETH突破4000
Ethereum Stabilization After Breaking 4000 and Market Logic
The market is validating our predictions
After Ethereum's strong breakout from the key double-top resistance at 4000 USD, the market has entered a new upward channel. Based on the institutional models we track, the 4500-5000 USD range will become the primary battlefield in the next phase. Notably, if it can effectively break through the historical high of 4800 USD, the upward space will directly open to the 6000+ USD area.
Three key signals in the funding situation:
1. Spot ETF continues to absorb capital, with a net inflow of over 4.2 billion USD in the past 14 days, and BlackRock's single product seeing daily inflows close to 150 million USD.
2. The reserve scale of listed companies' ETH has surpassed 8.8 billion USD, an increase of 58% compared to the previous quarter.
3. On-chain large address holdings have reached a nearly 3-year high.
On-chain data reveals the core of the bull market
The proportion of ETH held on exchanges has dropped below 13.5%, reaching a new low since 2016. This means:
Market circulation chips are continuously tightening
A potential supply crisis is brewing
Prices possess sustained upward momentum
The current SOPR index remains stable above 1.01, and the MVRV ratio indicates that Ethereum is still in a reasonable valuation range. This suggests:
Holders are generally reluctant to sell
Unrealized profits still have significant expansion space
The market has not yet reached an overheating stage
$ETH
Ethereum Stabilization After Breaking 4000 and Market Logic
The market is validating our predictions
After Ethereum's strong breakout from the key double-top resistance at 4000 USD, the market has entered a new upward channel. Based on the institutional models we track, the 4500-5000 USD range will become the primary battlefield in the next phase. Notably, if it can effectively break through the historical high of 4800 USD, the upward space will directly open to the 6000+ USD area.
Three key signals in the funding situation:
1. Spot ETF continues to absorb capital, with a net inflow of over 4.2 billion USD in the past 14 days, and BlackRock's single product seeing daily inflows close to 150 million USD.
2. The reserve scale of listed companies' ETH has surpassed 8.8 billion USD, an increase of 58% compared to the previous quarter.
3. On-chain large address holdings have reached a nearly 3-year high.
On-chain data reveals the core of the bull market
The proportion of ETH held on exchanges has dropped below 13.5%, reaching a new low since 2016. This means:
Market circulation chips are continuously tightening
A potential supply crisis is brewing
Prices possess sustained upward momentum
The current SOPR index remains stable above 1.01, and the MVRV ratio indicates that Ethereum is still in a reasonable valuation range. This suggests:
Holders are generally reluctant to sell
Unrealized profits still have significant expansion space
The market has not yet reached an overheating stage
$ETH
