Last week, the crypto market experienced a decent rebound. The total market capitalization surpassed $3.65 trillion, and the 24-hour trading volume surged by 47% to $208.2 billion — this is not just hype, but a real sign of capital flowing back.

**Institutional Buying Surge in Ethereum**

Since the beginning of the year, ETH has risen by 16%, outperforming BTC's 6.7% by a wide margin. During Monday’s rally, it briefly surged to $3,250, hitting a nearly three-week high. The driving force behind this is quite clear — institutions are staking aggressively. Just on January 3rd, BitMine staked 82,500 ETH in one go, accumulating over 540,000 ETH in two weeks, worth more than 1.7 billion RMB. The ETH queued for validation on the Beacon Chain has already stacked up to 1.3 million, but strangely, the exit queue has been cleared to zero. This can only mean one thing: everyone is queuing to get in, with no one in a rush to exit.

Even more interesting is that Grayscale has launched a spot ETF staking dividend product. The combination of institutional funds and product innovation is quite powerful, giving Ethereum’s trend reversal the final push.

**DOGE’s Technical Outlook**

Dogecoin has stubbornly held above $0.15, a pretty solid support level. The 100-hour moving average and the bullish trendline are providing support here, RSI has climbed back above 50, and the MACD bullish signals are starting to emerge. From a candlestick perspective, in the short term, it could surge toward the $0.155 to $0.175 range, with $0.145 as the last line of defense. This rally doesn’t look like a bluff.