#以太坊行情解读 🔍Market Observation

The jumping numbers on the trading screen reflect the true thoughts of market participants. Looking at ETH's performance over the past 24 hours—fluctuating between $3,060.90 and $3,137.63—it's like walking a tightrope; a slight misstep can lead to imbalance.

There have been several signs of upward momentum, but each time it gets stuck at the $3,150 level, ultimately slipping back to around three thousand dollars. Currently, the price is at $3,116.75, up 1.1% in 24 hours—seems modest, but this detail is crucial. What does it indicate? Both bulls and bears are in a tug-of-war, neither willing to admit defeat first.

Deeper data tells a clearer story. 34.67 million ETH have been staked, accounting for 27.93%—this number shows that long-term holders remain confident in ETH. The funding rate for perpetual contracts is only slightly positive (0.0034%), hinting at a faint optimism in the market, though this optimism isn't yet firm.

Trading volume is enormous, involving billions of dollars switching between spot and futures markets repeatedly. The market is clearly waiting for a definitive signal. Whether the $3,150 level can be effectively broken will determine if the next move is a continued rally or a phase correction. The key moment is just ahead.