Odaily News Technical graphics and on-chain data indicate that ETH's decline in the $2,100 to $2,200 range should be seen as a strategic buying opportunity. Although ETH has recently fallen from a high of $2,879 to $2,433, the stable ascending channel pattern is still maintained, and the current price is hovering below $2,600.
Glassnode data shows that the net inflow of spot ETH ETF this week reached 154,000 ETH, nearly five times the weekly average. BlackRock also increased its holdings through its ETH trust, and its holdings have reached 1.51 million ETH, with a total value of approximately US$3.87 billion. At the same time, Token Terminal data shows that the scale of tokenized assets under management on Ethereum has exceeded US$5 billion, reflecting the growing confidence of institutions in it as a financial infrastructure.
Combined with seasonal pullbacks and expectations for year-end investment strategies, multiple signals support a breakthrough rise in ETH by the end of 2025. The institutionalization trend is gradually pushing ETH into the mainstream investment market. (Cointelegraph)