Regarding the upcoming trend of Ethereum, there's a question worth pondering: Are you always hesitant before the market rises, only to regret it after the surge? Recently, many people have been asking whether Ethereum is about to make a big move. Based on years of watching the market, I believe that before the end of the month, Ethereum is very likely to release a wave of market-moving行情 that will be remembered.

To be honest, this is not just a feeling or guess, but a resonance of three signals:

**On-chain data speaking**

In the past two weeks, large holders with over 1000 ETH have significantly increased their holdings—net increase of over 200,000 ETH, equivalent to about $360 million in real fund inflow. More interestingly, the average cost basis of these addresses is between 1750-1800, while the current price is still around 1900. They are clearly not short-term speculators but are positioning at low levels.

**Layer 2 ecosystem heating up**

The TVL (Total Value Locked) in Ethereum Layer 2 networks like Arbitrum and Optimism has recently surged by 15%. Project teams are quietly consolidating funds onto the Ethereum mainnet. What does this indicate? It suggests that market expectations for the Ethereum ecosystem are heating up, and funds are quietly reallocating.

**Market sentiment accumulating**

On the technical side, multiple key indicators are giving positive signals, and the market’s risk-averse sentiment is gradually shifting toward risk appetite.

Of course, investing always involves uncertainty. The key is to make judgments based on actual conditions rather than being driven by anxiety.