Live speech: Golden Fork Resonance+Whale Sweeping: ETH 4500 in sight?
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Live streaming room layout real-time order, detailed explanation of order making ideas! The resonance between policy incentives, institutional sales, and on chain activities has driven Ethereum to soar 6.19% in 24 hours, reaching a six-month high. Market sentiment and capital flow are reshaping the valuation logic of cryptocurrency assets. Policy Dongfeng: Entering the pension market opens up trillion dollar imagination In the early morning of August 8, White House officials revealed that Trump would sign an executive order to allow 401 (k) retirement savings plans to be included in alternative assets such as cryptocurrency. This policy shift involves the $12.5 trillion pension market, paving the way for large-scale allocation of ETH by institutional funds. After the announcement, ETH quickly broke through the $3900 mark, with a 24-hour increase of 6.19%, while Bitcoin rose 2.16% simultaneously. The policy dividend combined with the US tariff exemption for semiconductor companies pushed the Philadelphia Semiconductor Index up 1.5% on the same day, forming a linkage effect between cryptocurrency assets and traditional technology stocks. Institutional Sweeping: Listed Companies Swallow 500000 ETH On chain data shows that SharpLink Gaming, a Nasdaq listed company, recently announced a special increase in ETH holdings through a $200 million stock issuance, with plans to extract over 50000 ETH from the market. Its total ETH reserves have approached 500000 coins (approximately 1.8 billion US dollars), making it one of the largest ETH holders in the public market. Synchronized with this is the frenzy of new whale addresses building positions: addresses starting with "0x86F" make a single transfer of 15000 ETH (approximately $55.91 million) from FalconX, while another address "0x55C" receives 9968 ETH from Galaxy Digital. The intensive activity of institutional level OTC channels directly leads to a tightening of ETH liquidity. On chain engine roaring: trading volume approaching historical peak The daily transaction volume of the Ethereum network reached 1.87 million, approaching the historical peak of 1.96 million in January 2024. DappRadar analysis points out that stablecoin (USDT, USDC) and Uniswap trading are the core driving forces, and the regulatory implementation of stablecoins under the US GENIUS Act further boosts market confidence. Layer 2 expansion has achieved significant results, with the total on chain transactions in July skyrocketing by 70% month on month to $238 billion, reaching a four-year high; The number of active addresses has reached 17.55 million, returning to the bull market level of 2021. The expansion of real economic activities provides solid support for the ETH price. Technical Alert: Breaking through the Life and Death Line of Level 4000 Currently, ETH has broken through the key resistance zone of $3880 (the previous high), but $4092 remains the core supply zone. If you stand firm in the range of $3800- $3880, the breakthrough path will unfold in three steps: - Consolidate the psychological barrier of $3900: maintain a turnover rate of at least 6%; - Digesting the selling pressure of $3950- $3980: This is where the January 2025 lock up plate is gathered; - Total attack of $4000: Breaking through with large volume or triggering short selling frenzy (with open contracts reaching $77 billion). Risk Warning: After Bitfinex data reports $3943.6, AiCoin Research Institute warns that there is a high probability of a pullback after reaching a new high; The weekly spread triangle has not failed, and if it falls below the $3630 (EMA cluster support), it may retrace to the $3400 trend line. The triple drive of policy opening, institutional hoarding, and on chain recovery has pushed ETH's violent rise beyond the scope of technical rebound. When the massive pension fund of 12.5 trillion meets the institutional black hole of 500000 ETH, the market game has evolved from retail frenzy to a competition for capital strategic allocation. Breaking through the $4000 mark not only requires consensus on funds, but also a "no pullback breakthrough" to prove that the revaluation of Ethereum is precisely the process of the crypto economy entering the mainstream financial system Operation suggestion: BTC 116300 long, first target is 117350, second target is 118435; ETH 3880 long, first target 3950, second target 4030. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance! Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
