Ethereum Staking Increases, Testing $2,000 Breakout

The Ethereum (ETH) staking structure is changing, alleviating concerns about supply pressure. With the validator withdrawal queue resolved, the supply-demand environment has improved, but the price is still testing the $2,000 mark. Currently, the amount of validator withdrawals has decreased to zero, and over 2.5 million ETH are waiting to be staked. The total staking amount is approximately 40.9 million ETH, accounting for 33.6% of the circulating supply, which is the highest ratio in Ethereum's history. The number of active validators has reached about 887,000, indicating that market participants are choosing long-term network participation. Currently, the Ethereum price is hovering in the range of $1,950 to $1,970, attempting to recover the $2,000 resistance level. Technically, a box range is maintained between $1,900 and $2,200, and if it breaks above $2,000, upward momentum may strengthen. Conversely, if it falls below $1,900, the support range of $1,850 to $1,800 will be tested. Staking data shows strong supply-demand, but the price does not fully reflect this. The current market is in a state of structural and price divergence, and whether it can break through $2,000 is expected to be a turning point for future trends.

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