Ethereum is now stuck around $3500, and many people are starting to panic, feeling that it can't pump anymore!

But historical data tells us that before every major bull market, ETH will 'play dead' for 1-3 months, wearing down retail investors' patience before suddenly exploding.
Institutions are crazily bottom-fishing around 3500.
Last week, Ethereum ETF saw a net inflow of $280 million, with major institutions like BlackRock continuing to increase their positions.
On-chain data shows that whales are continuously accumulating in the $3600-$3700 range, even showing a classic scenario of "retail investors cutting losses and institutions taking over."
The founder of Langguang Interactive, Wang Feng, analyzed that the "institutional cost floor" for ETH is around 3650±150 USD. Falling below this range may instead trigger institutions to replenish their positions.
L2 ecosystem is booming, Gas fees have dropped below 1 dollar.
The Layer 2 solutions of Ethereum have significantly reduced transaction costs, attracting more users and developers into the ecosystem. This means that the actual demand for ETH is increasing, and not just speculation.
There are two types of people in the market now:
Those who complain and sell during the dip will chase the high again after ETH breaks $4000, only to be stuck at the peak.
Silently increasing positions, using the consolidation period to buy the dips, waiting to steadily reap the rewards when the market starts moving.
Warning of extreme remarks:
If ETH holds steady at 3800 USD, the next target is 4100-5000 USD.
By the end of the year, buying 1 Ether may equal the future value of 2 Ethers.
Key issue:
Is 3500 a golden pit or a pit for thousands?
From the perspective of institutional holding costs, 3500-3600 is strong support, and the probability of breaking below is low.
But if the Federal Reserve continues its hawkish stance, it may dip to $3300 in the short term.
What percentage is your current position? Are you willing to add more?
If the position is below 50%, consider buying in batches to avoid a one-time all-in.
If you are already heavily invested, just hold patiently and don't let short-term fluctuations shake you off.
What is the highest prediction for ETH by the end of the year?
Conservative estimate: 4500-5000 USD.
Optimistically estimating: If institutional funds continue to flow in, it may impact 7000-10000 USD.
Conclusion:
The market always bottoms out in despair, rises in hesitation, and crashes in madness. The current trend of ETH resembles the "quiet period" before a bull market. Will you choose to cut your losses, or will you choose to position yourself?