#密码资产动态追踪 Ethereum's recent performance has been quite interesting—the price has been steadily rising over the past 24 hours, but the story behind it is more complex than it appears.

**Technical fundamentals are heating up**

The December launch of the Fusaka upgrade was a watershed moment. This upgrade introduced PeerDAS and Verkle tree technology, directly boosting Ethereum's data processing capacity and fundamentally solving scalability bottlenecks. Simply put, Ethereum has become faster and can handle more transactions. This paves the way for future ecosystem development.

**Institutions are increasing their involvement**

Interestingly, institutional investors are acting quite decisively. Major institutions have recently significantly increased their staked ETH. Currently, over 4.16 million ETH are staked across the network, and this number speaks volumes—institutions' confidence in Ethereum remains unwavering. Some research firms even predict that by 2026, ETH could break through $7,500, and by 2030, it might surge to $40,000.

**However, short-term pressures also exist**

Technical indicators have recently flashed warning signals. The EMA shows a bearish crossover, the MACD histogram has turned negative, and the RSI has sharply retreated from overbought levels—all pointing in one direction: the upward momentum over the past 24 hours is waning. More straightforward data shows that recently, $116 million worth of ETH has flowed out of institutional products, reflecting a reduction in some short-term holdings.

**Market sentiment is diverging**

Voices within the community are also quite divided. Some are unhappy with the price fluctuations, while others remain steadfast in their long-term bullish outlook. The $BTC $ETH correlation effect has been ongoing, and the entire market is waiting for the next clear signal.