Recently, the target price predictions for BTC and ETH have become popular again. Some analysts are calling out a figure of $250,000, which sounds quite aggressive—after all, ETH is currently hovering around $2,000.

But what’s more noteworthy is the activity around Ethereum staking. Data shows that the staking withdrawal queue has been completely cleared, and at the same time, over 1.18 million ETH are waiting in line to enter the staking pool. Recently, major players (like Bitmine) have also poured large amounts of funds into the staking pool. What does this indicate? Market participants are indeed tempted by the 3-7% annualized returns.

From another perspective, this phenomenon is somewhat like spring festival ticket rushes—everyone is eyeing the staking yield opportunities. The strong demand for staking will inevitably change ETH’s liquidity structure. In the short term, new stakers may also face selling pressure. And don’t forget, the global monetary policy path remains uncertain, and regulatory signals could emerge at any time.

Those aggressive price forecasts are worth questioning in terms of their reference value. Similar bold predictions were made last year, but they ultimately did not materialize. The enthusiasm for staking is real, but whether it can directly translate into price increases depends on the overall market sentiment and how the policy environment evolves.