#以太坊行情解读 The recent increase has nearly doubled, and many retail investors have taken profits while the market was high. But from a market structure perspective, large funds are still continuously accumulating, which often indicates greater upside potential—roughly estimated to be another 3-5 times.

The key is that when retail investors exit at high levels, it signals that institutional holdings are concentrated. This asymmetric position structure has always been a driving force behind the breakout of mainstream coins like $ETH. As long as the fundamentals do not reverse, this rally is far from over.