Why can ETH rise 3% under pressure? Institutional funds may be the key.

Ethereum rose by 3.2% today, with prices breaking through the $3000 barrier. At first glance, this rebound seems a bit unexpected, as ETH has indeed faced quite a few challenges recently—intense competition from other public chains, developer outflow, and a macro environment that is not very friendly.

But this rebound has substantial support behind it:

Data shows that the capital inflow into Ethereum spot ETFs has significantly increased in the past 72 hours, with frequent signals of institutional buying. More critically, on-chain demand has doubled in these three days — this is not retail speculation, but real capital entering the market.

What does this reflect? The macro environment is improving. The risk appetite for tech stocks and digital assets is rising again, giving a sense of “a rising tide lifts all boats.” Additionally, Q4 is traditionally the strongest season for crypto assets, as historical patterns show.

Can it continue? The key depends on whether institutional funds continue to flow in. If this momentum is maintained, there is still plenty of room for imagination for ETH before the end of the year. From the current position, this round of rebound may just be the beginning.

Risk Warning: The cryptocurrency market is highly volatile and leveraged; a macro black swan event can reverse everything.