Ethereum is becoming a key battleground for traditional financial institutions to compete for positioning. BlackRock's submission of the Ethereum stake ETF application has opened up a compliant investment path for ordinary investors, while JPMorgan is integrating trillion-dollar traditional assets into the Ethereum network. This series of actions not only validates the technical feasibility of blockchain but also signifies a deeper meaning—Ethereum is evolving from a mere speculative asset into a global asset settlement infrastructure.

The influx of institutional funds has changed the rules of the game. The staking mechanism, coupled with on-chain asset mapping, creates a dual driving force that drives Ethereum's penetration into more practical application scenarios. What does this mean? The long-term growth potential may far exceed current market expectations. The synchronized acceleration of technological upgrades and ecosystem expansion provides a solid foundation for this transition.

From a technical perspective, how is ETH performing currently?

📊 Real-time Data Overview:
Current Price: 2974.73 USDT
🟢 Recent support level: 2965.28 (near support, consider building a position)
Support range: 2960.13 - 2973.12
Resistance range: 2984.0 - 3017.99

💡 Operational idea: When the price approaches the support level, consider placing buy orders for a long position, and set a stop loss if it breaks below the support level. Institutional actions have gradually become clear, and the key moving forward is still whether the technical aspects can hold the support, as well as the pace of new capital inflows.