Ethereum today has strengthened along with the market trend, successfully breaking through the recent consolidation pattern around $3,100. Since the end of 2025, each retracement low has been gradually rising, and this structural change has gradually formed upward momentum.

From a technical perspective, the key now is whether it can hold above the $3,180 resistance level. Once a confirmed breakout and retest are achieved, there is room for $3,250 and even $3,300 to be unlocked. Below, the $3,050-$3,070 range has been tested multiple times for its strong support capacity. This area gathers many firm buyers, becoming a reliable support zone in recent operations.

What is even more noteworthy is the positive signals coming from the on-chain ecosystem. The staking queue for Ethereum's Beacon Chain has soared to 1.759 million ETH, equivalent to about $55 billion, the highest since August 2023. A large amount of ETH is locked in staking contracts, effectively removing this supply from the circulating market. This structural locking effect often provides long-term fundamental support for the price and is worth close monitoring.