As mentioned earlier, the drop below 2100 has now entered the support area around 2000. With the Federal Reserve not changing interest rates, although the fluctuations are small, it has created expectations of economic easing in the market. Subsequently, risk-averse funds have also flowed in effectively, and the whale short sellers have recently made moves, which historically could lead to a reversal in the storyline.

Three core drivers for the Federal Reserve's policy easing (March 6): allows U.S. banks to use tokenized securities as collateral for loans, treating them on par with traditional stocks/bonds, thus opening up the financial channel between traditional finance and crypto. Second: BlackRock's ETH staking ETF (March 12): launching iShares ETHB, enabling institutions to legally hold and earn staking yields, directly bringing in significant capital inflows. Third: ETF fund inflows: Ethereum spot ETFs have seen net inflows for several days, with institutional allocation willingness significantly rebounding. From the candlestick chart perspective, there is strong support around 2020, showing signs of short-term warming, with considerable divergence below. Subsequent attention to support can continue to be long.

Suggestion: Half-position long near 2023, add at 2010, and watch for a break above 2100 to target 2250#BTC走势分析 #ETHETFsApproved $ETH $BTC .