#ETH生态和市场动态# Recently, I followed the market dynamics of ETH and feel that the situation is not very optimistic. The analysis from Matrixport is quite interesting; they mentioned that the inflow of ETH ETF funds mainly relies on "national treasury-type companies" for support, but on-chain activity is still sluggish. I think this is indeed a hidden risk; if institutions do not continue to increase their positions, the pump momentum may weaken.

From a technical perspective, 4180 USD is a key point. If it cannot be held, it may very likely retrace further. I have observed the trading actions of several experts, and some have already started to reduce their positions. However, I will still maintain a certain position, as ETH still has advantages in stablecoin issuance, and the long-term growth potential looks good.

My current strategy is: set a stop loss for the main position while keeping some funds available for buying opportunities. Everyone should also pay attention to risk management and not put all their eggs in one basket. The market changes rapidly, and staying vigilant is essential to survive the fluctuations.