Recently, Ethereum's trend has been quite interesting. Although it dropped 3.68% within 24 hours, on the futures side, trading volume has been very active—24-hour trading volume reached $4.77 billion, indicating that institutions are still quite optimistic about the future.

Some analysts believe that 2026 will be a breakthrough year for Ethereum, mainly driven by favorable macroeconomic conditions. A more aggressive prediction is that by 2030, the target price could reach $200,000. Of course, such long-term forecasts carry uncertainties, but based on futures activity, there is indeed a lot of capital preparing for this expectation.

Short-term fluctuations are normal, but the activity in futures trading often reflects the market's true expectations. It seems that the focus should continue to be on macro policy signals and large capital movements.