Ethereum (ETH) — The Biggest Beneficiary of the Ceasefire, Whales and ETF Funds Enter the Market Together

Real-time Market: Volatile rebound, testing the $2,300 level
As of April 12, Ethereum price is about $2,233, up 2.55% in 24 hours, with a market cap of approximately $269.5 billion, and a 24-hour trading volume of about $15.4 billion. This week, ETH became one of the biggest beneficiaries of the US-Iran ceasefire, soaring from $2,050 to over $2,250.
Macroeconomic: Ceasefire expectations boost risk appetite, delayed rate cuts suppress
Middle East ceasefire expectations boost risk appetite, with Ethereum and Bitcoin rebounding in sync. But after the ceasefire breaks down, macro uncertainty heats up again. March US CPI data shows inflation remains sticky, and the Fed’s rate cut expectations are delayed, putting ongoing pressure on rate-sensitive Ethereum.
US Factors: Regulatory clarification, ETF funds shift to net inflows
This week, Ethereum’s fundamentals saw a key change — the SEC and CFTC explicitly classify ETH as a digital commodity, increasing regulatory certainty. Spot ETH ETFs recorded net inflows this week, with a net inflow of $85.19 million on Thursday and another $65 million on Friday, totaling approximately $187 million for the week, marking the first green week since March 13. The Ethereum Foundation has completed a sale plan of 5,000 ETH at an average price of $2,221. Meanwhile, whale addresses withdrew about $60 million worth of ETH from exchanges, with institutional and retail funds forming a relay.
Technical and Order Strategy
RSI is at 62.3, leaning bullish but close to overbought territory (70), with some pullback pressure; MACD shows a bullish golden cross, indicating bullish momentum.
Key support: $2,140 → $2,000; key resistance: $2,270 → $2,400.
Low-risk long strategy: If the price pulls back to stabilize around $2,150–$2,170, consider small long positions with stop-loss at $2,080, targeting $2,270–$2,300.
Breakout chase: If volume increases and the price stabilizes above $2,300, consider chasing longs with a stop-loss at $2,240, targeting $2,400–$2,500.
Mid-term layout: Wait for a confirmed breakout above $2,300 and a pullback for re-entry; if it falls below $2,000, reduce positions to hedge.
⚠ ETH is currently in a short-term slightly strong pattern but faces heavy resistance above, making chasing high risky. It is recommended to buy on dips at support levels.
#Gate廣場四月發帖挑戰