#以太坊基金会质押4620万美元ETH Ethereum Foundation buys the dip of its own coin, and the market finally takes a breather!

Ethereum is the brightest spot today and is the direct beneficiary of the Foundation’s large-scale staking. It dipped to around 1940, which is a critical support level tested recently, then rebounded strongly to around 2075. Currently, it’s around 2055, making it the biggest gainer among mainstream coins today.

After falling below the 2000 mark today, it was quickly pulled back up. This back-and-forth indicates that the bullish and bearish opinions on the 2000 level are still quite divided, but the Foundation’s staking action has given the bulls clear confidence. The key now is to stay above 2000. If it can truly stabilize, the short-term rebound target is first seen at 2150-2200. However, it’s worth noting that some analysts issued warnings today, suggesting that ETH faces technical risks of dropping to 1200. While this extreme scenario is unlikely, the 2000 level must be defended. If it can’t hold, the next support is around 1900, and a break below that would be a different story altogether. Those holding positions should continue to hold lightly. Today’s Foundation staking news is the strongest support for this rebound.