Institutional investors now hold more than 10 million ETH. This figure makes me think: Ethereum has gained the trust not only of technology enthusiasts but also of major players.
From what I can see, this is a "accumulation signal". One of the strongest factors supporting the long-term value of ETH is institutional confidence. We saw this in BTC before, and now the same pattern is becoming apparent on the ETH side.
Technically speaking: • Support zone: the $4,050 – $4,150 range still looks strong. • Resistance zone: There is strong selling pressure around $4,350 – $4,420. • If this band breaks, a path to $4,600 may open.
I personally watch these levels closely. The price consolidation won't last long; if institutional purchases continue, a new story may begin for ETH.
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#Institutions Hold 10M+ ETH
Institutional investors now hold more than 10 million ETH. This figure makes me think: Ethereum has gained the trust not only of technology enthusiasts but also of major players.
From what I can see, this is a "accumulation signal". One of the strongest factors supporting the long-term value of ETH is institutional confidence. We saw this in BTC before, and now the same pattern is becoming apparent on the ETH side.
Technically speaking:
• Support zone: the $4,050 – $4,150 range still looks strong.
• Resistance zone: There is strong selling pressure around $4,350 – $4,420.
• If this band breaks, a path to $4,600 may open.
I personally watch these levels closely. The price consolidation won't last long; if institutional purchases continue, a new story may begin for ETH.
This is just my personal opinion, it is not investment advice.
#Institutions Hold 10M+ ETH