Recently, ETH has shown strong performance, which can be attributed to "light selling pressure, influx of funds, and low circulation," driving its momentum to continuously accumulate:

1. Sell pressure eases, market chips stabilize
The exchange's ETH inventory is at an 8-year low, which means that the chips available for short-term selling have significantly decreased, selling pressure is very light, and the market is more likely to form an upward trend.
2. Institutional funds continue to enter the market
Multiple institutions have begun to significantly increase their holdings of ETH, revealing layouts similar to "ETH version of MicroStrategy". One institution alone has invested $2.9 billion, and the trend of Wall Street funds entering the market is evident, injecting strong momentum into the market.
3. Further contraction of circulation
Nearly 30% of ETH is used for staking and locking, directly reducing the market circulation, which leads to a tight supply-demand relationship and pushes the price center upward.

Looking back at 2017, ETH also experienced a hundredfold increase after retail investors reduced their holdings, and the current market characteristics are similar to that time. In the short term, $4100 and $4900 are the phase target levels that the market is paying attention to.

For ordinary investors, the following strategies can be noted:

- Holders should remain patient and avoid being shaken out by short-term fluctuations;
- Those who do not hold positions should avoid blindly chasing highs and can wait for pullback opportunities; gradually building positions is more prudent.

Overall, the current ETH is in a state of "light selling pressure, sufficient funds, and tight chips". Trend opportunities are worth paying attention to, but it is still necessary to respond rationally to fluctuations and manage risk well. #Gate & WLFI USD1 积分计划# #特朗普允许401(k)投资加密货币# #山寨币普涨#