#ETH ‍#打榜优质内容

10% Recovery of Ethereum: ETH's large transactions reached $11 billion
The outlook for Ethereum prices has attracted investors' attention for some time. In the current sentiment, Ethereum has risen to over $4,000, but at some point, it fell below $3,200.
However, in the past 24 hours, Ethereum's price has risen by 10%, reaching a level of bulk trading not seen in nearly a week.
Increased interest of institutions in Ethereum
Ethereum has risen by 10% to reach $3422. On-chain data shows that increased institutional investment is a key factor affecting the future price of Ethereum.
It is reported that the large transactions of Ethereum have increased to 2.83 million ETH. This growth indicates an increase in trading activity between whales and major stakeholders.
On the other hand, a decline in this indicator indicates a weakening of interest. At the time of writing, these trades were worth about $11 billion. Historical data shows that when this indicator rises with prices, it is a bullish sign. Therefore, the price of Ethereum may rise to more than $4500 in the short term.
It is suggested that the price of Ethereum may continue to rise. This indicator measures the overall market perception of cryptocurrency; positive readings reflect an upward trend, while negative readings reflect a downward trend. Ethereum is shown to be approaching the positive zone. If it stays in this zone, the value of ETH may continue to increase.
ETH price prediction: may exceed $4,000
Based on the 3-day ETH/USD chart, the Accumulation/Distribution (A/D) line continues to rise. The rising A/D line indicates that investors are buying and may drive up prices. When the indicator reading declines, it indicates that investors are distributing, which is a bearish signal.
Given the situation with ETH, it suggests that the price of cryptocurrencies may break through the resistance at $3982. If confirmed, that value could reach $4110. However, if the overall market conditions become extremely bullish, the price of Ethereum may rise to over $4500.
However, if the cryptocurrency cannot break through the resistance, its value may not see such growth. Instead, the price may fall to $3,178.