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Ethereum has recently been feeling a bit sluggish. The price has been hovering around $3,257, with a modest 24-hour decline of only 1.26%. The RSI indicator remains at 52.8, indicating a neutral stance between bullish and bearish, essentially meaning the market hasn't decided on the next move yet.
But the most interesting aspect is the underlying capital flow. Earlier this year, institutional investors poured a total of $582 million into mainstream cryptocurrencies like Bitcoin, Ethereum, and Ripple. Such a significant amount of capital entering the market is usually not the behavior of retail traders—institutions focus on long-term allocation and risk management, and their participation often signals a quiet warming of market sentiment.
From a technical perspective: the support level is at $3,192, with resistance at $3,322. The key breakout point is at $3,306. Currently, the price remains above the support level, and the trend still looks healthy. However, the RSI value also indicates a problem—the upward momentum isn't strong enough, and we need to wait for more robust signals to confirm the next direction.
The inflow of institutional funds is a positive sign, as cryptocurrencies with strong technical fundamentals tend to attract professional investors more easily. However, cyclical fluctuations are normal, and it's important to distinguish between short-term speculation and long-term value growth. This rebound isn't particularly spectacular, but it's not a setback either—staying in sync with the rhythm is key. Market sentiment is shifting, but uncertainties still exist. With the right entry points and a calm mindset, opportunities will naturally arise.