Ethereum has solidified a strong structural support level around $3,400, driven by aggressive accumulation from institutional whales. Analysts interpret this as a bullish signal, historically indicative of trend reversals. With the resurgence of positive momentum, the next key resistance target is set at $4,500. Data from CryptoQuant highlights a consistent rise in spot average order sizes since October's market downturn, reinforcing the potential for an upward trajectory. This development positions ethereum for a significant breakout, mirroring patterns observed in previous bullish cycles.
Ethereum Finds Structural Support at $3.4K as Whale Accumulation Signals Potential Upswing
Ethereum has established structural support NEAR $3,400 following aggressive accumulation by institutional whales, with analysts identifying this as a precursor to trend reversals in previous cycles. The resurgence of bullish momentum now eyes $4,500 as the next resistance level.
CryptoQuant data reveals a sustained increase in spot average order sizes since October's sell-off, a pattern historically associated with local bottoms. "If $3K-$3.4K holds as support, we're likely seeing the formation of a low-volatility accumulation zone," analysts note, suggesting this could precede a final bullish impulse toward $4.5K-$4.8K.
Bitmine Immersion Technologies has emerged as a major accumulator, disclosing holdings of 3.5 million ETH worth $12 billion - representing 2.9% of circulating supply. The firm's November 2025 portfolio update shows $13.2 billion in total crypto exposure, including speculative "moonshot" positions.
US Regulators Clear Path for Crypto Staking in ETFs and Trusts
Treasury Secretary Scott Bessent has unveiled new guidelines allowing exchange-traded funds (ETFs) and trusts to stake cryptocurrency assets and distribute rewards to investors. The move, confirmed by the Treasury and IRS, provides long-awaited regulatory clarity for institutional participation in proof-of-stake networks.
ConsenSys attorney Bill Hughes outlined the framework: trusts must hold only one crypto asset alongside cash, use qualified custodians for key management, and maintain SEC-approved liquidity policies. The rules prohibit discretionary trading while permitting arms-length relationships with staking providers.
This regulatory breakthrough removes a major barrier for institutional crypto products. Market analysts anticipate accelerated adoption of staking mechanisms in investment vehicles, particularly for Ethereum and other major proof-of-stake assets. The decision could catalyze billions in institutional capital flows into staking markets.
Ethereum Signals Accumulation Opportunity as Altcoins Poised for Growth
Ethereum is flashing strong buy signals, with analysts like Michal van de Poppe of MN Trading Capital identifying the $3,100 level as a prime accumulation zone. A breakout above $3,300 could propel ETH toward $5,000, according to trader 'Ash Crypto.' The bullish technical setup is creating a favorable environment for altcoins with solid fundamentals or high short-term upside potential.
Market participants are closely watching Ether's price action, as the recent correction and subsequent rebound suggest a possible bear trap. The $3,100 support level has emerged as a critical accumulation area, with a sustained move above $3,300 likely to trigger further gains. This Optimism extends to select altcoins, though some traders remain cautious about broader market risks.
Ethereum Derivatives Market Heats Up as Open Interest Surges 10%
Ethereum's derivatives market is witnessing heightened activity, with open interest spiking by nearly $2 billion in the past 24 hours—a 10% surge. This uptick signals aggressive Leveraged bets as ETH's price recovery attracts speculative capital.
CryptoQuant analyst Maartunn highlights the trend, noting that rising open interest typically precedes increased volatility. The metric tracks all outstanding ETH derivatives positions across centralized exchanges, serving as a barometer for market sentiment. Sharp rallies often draw fresh capital into derivatives, amplifying price movements.
