Last week, the crypto market saw a decent rebound. Total market cap broke through $3.65 trillion, and 24-hour trading volume surged 47% to $208.2 billion—these aren't hype numbers, but signals of real capital flowing back in.
**Institutional rush to accumulate Ethereum**
From the start of the year, ETH is up 16%, significantly outpacing BTC's 6.7%. Monday's rally briefly surged to $3,250, marking a new high in nearly three weeks. The driver behind this is clear—institutions are staking frantically. Just on January 3rd, BitMine alone staked 825,000 ETH, accumulating over 5.4 million over two weeks, worth over 1.7 billion yuan. The Beacon Chain has 1.3 million ETH queued for validation, and interestingly, the exit queue has hit zero. This can only mean one thing: everyone is lining up to get in, and no one is rushing to leave.
What's more interesting is Grayscale launching a spot ETF staking dividend product. Institutional capital combined with product innovation—this combination is packing quite a punch, essentially providing the final straw for Ethereum's trend reversal.
**DOGE's technicals are speaking**
Dogecoin is holding strong above $0.15, and this support line is quite solid. The 100-hour moving average and bullish trendline form support at this level, while RSI has climbed back above 50, and MACD bullish signals are emerging. From a candlestick chart perspective, the short term may push toward the $0.155 to $0.175 range, with $0.145 as the final support line. This move doesn't look like a false alarm.
It should be noted that the on-chain data logic of this rebound is almost excessively self-consistent—the detail of the exit queue clearing to zero has already disproven the panic narrative from a macroscopic level.
Last week, the crypto market saw a decent rebound. Total market cap broke through $3.65 trillion, and 24-hour trading volume surged 47% to $208.2 billion—these aren't hype numbers, but signals of real capital flowing back in.
**Institutional rush to accumulate Ethereum**
From the start of the year, ETH is up 16%, significantly outpacing BTC's 6.7%. Monday's rally briefly surged to $3,250, marking a new high in nearly three weeks. The driver behind this is clear—institutions are staking frantically. Just on January 3rd, BitMine alone staked 825,000 ETH, accumulating over 5.4 million over two weeks, worth over 1.7 billion yuan. The Beacon Chain has 1.3 million ETH queued for validation, and interestingly, the exit queue has hit zero. This can only mean one thing: everyone is lining up to get in, and no one is rushing to leave.
What's more interesting is Grayscale launching a spot ETF staking dividend product. Institutional capital combined with product innovation—this combination is packing quite a punch, essentially providing the final straw for Ethereum's trend reversal.
**DOGE's technicals are speaking**
Dogecoin is holding strong above $0.15, and this support line is quite solid. The 100-hour moving average and bullish trendline form support at this level, while RSI has climbed back above 50, and MACD bullish signals are emerging. From a candlestick chart perspective, the short term may push toward the $0.155 to $0.175 range, with $0.145 as the final support line. This move doesn't look like a false alarm.