Ethereum is about to form a golden cross, with strong bullish signals from the technical perspective.

Ethereum is about to迎来 a key golden cross, which is a bullish technical indicator. According to observations shared by entrepreneur Ted Pillows on X, the 50-day moving average of Ethereum is about to cross above the 200-day moving average, forming a bullish "golden cross". Historical data shows that after this signal appeared last November, ETH rose by 35% within weeks. Currently, ETH is holding steady at the $2500 support level, with technical indicators showing a buildup for a breakout.

This view has also been endorsed by analyst "Merlijn The Trader". Merlijn stated that ETH is replaying the market trend of 2017, when it started to rise after trading near the 50-day moving average. However, he emphasized that this time the market is larger, supported by institutional funds, and has significant upward potential, making it more like an amplification of history rather than a simple repetition.

At the same time, market momentum is shifting from technical to fundamental aspects. Leading this is the continuous influx of funds into the U.S. spot Ethereum ETF, with BlackRock's products alone increasing their holdings of ETH by $650 million this month, while the ongoing inflow of institutional funds provides strong support for the BTC market price.

Unlike traditional perceptions, the logic behind the current rise of Ethereum has fundamentally changed. Compared to the speculative rise driven by the ICO boom in 2017, the current market is more driven by ETF fund inflows, institutional allocation demand, and actual application scenarios such as RWA. This structural change makes the foundation for the rise more solid.

A typical case is that Trump's media company has applied for an Ethereum ETF, opening up new channels for institutional funds. The founder of ConsenSys has boldly stated that ETH is becoming the core bridge connecting traditional finance and DeFi, further highlighting its strategic value for the future.

In summary, the upcoming golden cross in Ethereum (50MA crossing above 200MA) indicates the possibility of a trend reversal, while the increase in institutional holdings and the expansion of application scenarios continuously strengthen the bullish expectations. This dual drive not only amplifies the upward potential but also reduces the risk of sharp declines in the short term.

As the market perception shifts from a speculative tool to digital infrastructure, Ethereum is exhibiting new characteristics that differ from previous cycles, and its price discovery mechanism is becoming increasingly mature. However, investors still need to remain rational and be cautious of systemic risk factors such as changes in global liquidity.

#ETH # fundamental analysis