Ethereum remains stable below $2600, despite significant ETF inflows. Conditions for growth are being created by large holders and new interest from retail investors.
Current Situation with Ethereum
The price of Ethereum is stable at around $2592, despite an increase in ETF inflows totaling more than $260 million over the past seven weeks. Technical indicators show neutral signals, and many analysts expect that breaking the resistance at $2745 could lead the cryptocurrency to rise to $3067 or even $3300.
Invisible Market Battle
An unseen battle is unfolding between large holders and retail investors in the market. Currently, over 30 million ETH is stored in wallets that have never been spent, aimed at controlling the supply. The number of active addresses remains below 400,000 daily, which slows down the upward trend. As highlighted by a CryptoQuant analyst, 'large holders use exchange withdrawals to counteract retail sell orders, creating a supply squeeze.'
Future of Ethereum and its Market Influence
Ethereum is not only maintaining its status but also structuring a new financial architecture through asset tokenization and stablecoins. The Ethereum market is waiting for further changes with the activation of ETFs and the possibility of a liquidity race. Experts believe that Ethereum is viewed as the backbone of financial Web3 and its future is dictated by the development of the corresponding infrastructure.
The uncertainty in the Ethereum market remains. However, signs of growth are clear. Investors are waiting for significant changes in liquidity, the positioning of large holders, and renewed retail interest to define cryptocurrency movement directions.
