Ethereum has recently shown an interesting contrast phenomenon. On one hand, there are continuous updates from the technical side—the Layer 2 ecosystem remains active, and various upgrades and improvements are progressing steadily. On the other hand, the price performance has not been convincing. It dropped another 4.3% today and is currently hovering around $3,150.
This decline continues the previous adjustment trend. After reaching a high point some time ago, it started to fall back, and then oscillated within this range repeatedly. From a technical and fundamental perspective, there are indeed many bright spots, but the market seems to react indifferently.
What is more noteworthy is the attitude of institutional funds. The inflow of funds into Ethereum spot ETFs has remained lukewarm, indicating that large capital has not shown enthusiasm for buying the dip. Meanwhile, the market is still swinging between inflation expectations and deflation signals, and this uncertainty has further dampened investor confidence.
From a trading perspective, we are now mostly in an observation phase. The development of the technical ecosystem is a long-term positive, but in the short term, the price still needs to find new support levels. It is recommended to pay attention to risk management, especially in this high-volatility period, where setting stop-losses becomes particularly important.
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MetaverseVagabond
· 01-09 23:18
No matter how good the technical analysis sounds, if institutions are not moving money, it's just a signal.
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Downward and volatile again, I just want to know when the breakthrough will happen.
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ETF inflows are lukewarm, which says everything. Don't be fooled by the fundamentals.
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The 3150 level still needs to drop further before we see a real bottom-fishing opportunity.
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Set your stop-losses properly and that's it. Don't talk to me about long-term benefits; survive the short term first.
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Even if Layer 2 becomes more active, it can't change the fact that the market remains cold.
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Inflation and deflation tug back and forth; investor confidence has long been gone.
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In my opinion, this is a waiting period. Don't rush to get in.
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Institutions are cold, so how could retail investors be enthusiastic? That's laughable.
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It seems we still need to find a new support level; currently, there's no confidence.
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StableBoi
· 01-08 08:55
The technical ecosystem is hyped up every day, but the price just doesn't cooperate. It's really unbelievable. Institutions are avoiding it, and big players aren't making moves. What does that mean? No one dares to buy the dip. It's best to stay on the sidelines and not be fooled by the fundamentals.
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ZenChainWalker
· 01-08 08:41
The technical outlook is excellent, yet the price is still falling, which is outrageous.
Waiting for institutions to enter; otherwise, there's no hope in the short term.
The ETF's indifferent attitude says everything; big players are all watching.
This wave of volatility is intense; you need to watch your stop-loss carefully.
Even if Layer2 becomes more active, it can't change the current predicament.
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GasFeeNightmare
· 01-08 08:35
No matter how strong the technicals are, if the price isn't rising, it's all nonsense... Institutions are all watching, and retail investors are still dreaming here.
Ethereum has recently shown an interesting contrast phenomenon. On one hand, there are continuous updates from the technical side—the Layer 2 ecosystem remains active, and various upgrades and improvements are progressing steadily. On the other hand, the price performance has not been convincing. It dropped another 4.3% today and is currently hovering around $3,150.
This decline continues the previous adjustment trend. After reaching a high point some time ago, it started to fall back, and then oscillated within this range repeatedly. From a technical and fundamental perspective, there are indeed many bright spots, but the market seems to react indifferently.
What is more noteworthy is the attitude of institutional funds. The inflow of funds into Ethereum spot ETFs has remained lukewarm, indicating that large capital has not shown enthusiasm for buying the dip. Meanwhile, the market is still swinging between inflation expectations and deflation signals, and this uncertainty has further dampened investor confidence.
From a trading perspective, we are now mostly in an observation phase. The development of the technical ecosystem is a long-term positive, but in the short term, the price still needs to find new support levels. It is recommended to pay attention to risk management, especially in this high-volatility period, where setting stop-losses becomes particularly important.