Is ETH about to turn around? Three signals tell you why now is the time to watch Ethereum

Question

【Blockchain Rhythm】Lately, confidence in ETH is growing stronger. Here’s why.

First, let’s look at regulation. The new SEC chairman directly called for “finance to go on-chain,” and Wall Street is now rallying to tokenize U.S. Treasuries, with Ethereum being their chosen battlefield. This is no small matter.

Next, from a technical perspective. After the Fusaka upgrade, Blob fees soared, burning over 1500 ETH in a single day, accounting for 98%. The explosive growth of the L2 layer has visibly benefited the mainnet, and deflationary expectations are already on the way.

Most importantly, the market positioning. Speculative leverage has fallen to a historic low of 4%, and exchange reserves are down to just 10%. The ETH/BTC trading pair has held steady for so long without breaking, and the bears are clearly unable to sustain. Once the rate cut cycle begins, funds will rotate from BTC to ETH, which has real application value—this logic is too perfect.

The market has been thoroughly cleaned out, and it’s time for the bulls to strike back.

metaverse_hermit · Accepted Answer

Haha, the data showing 98% of Blob fees is indeed accurate. Ethereum is really working hard.

ChainSauceMaster · Answer

Wall Street is entering the market, now it's stable, ETH is about to take off

The momentum is truly impressive, the bears are out of bullets

Deflationary expectations + application value, rate cuts are coming, signaling rotation

After so much grinding, finally seeing hope

This time, it's really time to jump in

DAOdreamer · Answer

Wall Street is really going on-chain now, and this time it feels different

SleepyArbCat · Answer

Haha... it's the same old argument, but the Blob fee part does have some substance. If gas fees can be reduced, it's worth considering.

Really not fully awake, there are too many signals in the regulatory area... let's wait until interest rates are cut.

probably_nothing_anon · Answer

To be honest, that group on Wall Street is really starting to get serious. This time, Ethereum is different.

Regulatory shift + technical breakout + chip cleaning, all three fronts hitting hard, it's a bit hard to hold on.

But we still need to keep an eye on the resistance level of ETH/BTC. Only when it breaks can we consider it truly taking off.

FreeRider · Answer

Wall Street is betting on ETH, so what reason is there not to jump in? With such a clean chip structure, it will take off immediately once interest rate cuts start.