As of July 1, 2026, the latest updates on Ethereum (ETH) reveal a complex situation: on one side, persistent weakness in market performance; on the other, institutional funds flowing in against the trend and technical upgrades moving forward steadily. 📉 Market performance: a historic streak of consecutive declines, with prices under pressure · Price and quarterly performance: ETH is currently trading around $1,560. The just-ended Q2 fell 24.77%, marking the first time in its history that it has posted losses for three consecutive quarters (Q4 2025 -28.28%, Q1 2026 -29.26%). · On-chain activity: The network’s 14-day average active addresses have fallen from about 790,000 at the beginning of February to about 420,000. 🏦 Institutional updates: fund flows diverge · ETFs turn to net inflows: On July 1, nine Ethereum ETFs reversed the recent slump and recorded a net inflow of 12,455 ETH (about $30.13 million). However, the last two days of June still saw outflows of about $30 million. · Public companies increase holdings against the trend: Ethereum treasury firm Sharplink increased its holdings by 10,000 ETH (worth about $16 million) last week, its first increase since October last year. · Whales build short positions: On-chain data shows that large investors newly opened 22,000 ETH short positions with 25x leverage, worth about $35 million. 🏛️ Ethereum Foundation: restructuring and funding challenges · Budget cuts and layoffs: The Foundation announced an annual budget cut of about 40% and layoffs of 54 employees (20%), aiming to reduce the annual expenditure ratio from 15% to about 5% by 2030. · Restructuring of organization: The Foundation has reorganized into five new clusters, such as the protocol layer, access layer, and others. · Completing funding commitments: The Foundation has completed its five-year funding commitment to Argot Collective; 4,938 stETH will be unlocked in two batches on July 1 and July 1, 2027. ⚙️ Technical progress: the Glamsterdam upgrade gathers momentum, ready to set off · Planned timeline: The official has confirmed that the upgrade plan will be carried out in the second half of 2026. · Core objectives: introduce parallel processing, ePBS (proposer–builder separation within the protocol), and prevent database bloat. 💎 Summary Overall, although Ethereum is going through the most severe market test since 2021, the shift in ETF funds on July 1 and companies like Sharplink increasing holdings against the trend both show that some long-term capital remains confident. Combined with the Glamsterdam upgrade plan aimed at achieving L1 parallelization in the second half of the year, short-term market maneuvering and long-term technical building are moving forward at the same time.#PreIPOs第二期OpenAI认购 $ETH ‌

The market’s language has already made it very clear: the quick pullback followed by a rapid recovery is not a distribution—it's the main force rotating hands. The current consolidation range is a typical continuation-and-rest (midway) consolidation pattern: volume is shrinking while prices stay stable, indicating that the chips are moving from the flow of those who loosen their hands to those who tighten theirs. After the chips are absorbed by the new hands to a sufficient extent, the rally will be pulled up. My system signals haven’t changed. The long-side trend line remains intact, and the buy orders at the bottom provide solid support. After this brief pause ends, $ETH ’s recovery target is very clear. This is not a time for fear—it’s a time to test execution. Set the risk control line, and the rest is left to time. The market never lacks opportunities; what it lacks is the courage to act when you see one.

Is this fake ETH breakout—are the main players waiting for you to bag the bag? $ETH /USDT - go short (SHORT) Trading plan: Entry: 1839.95 – 1845.37 SL: 1868.66 TP1: 1823.16 TP2: 1810.16 TP3: 1790.67 Why watch this structure? - 4H-level bearish signal activated; entry reference at 1842.66; RSI on 15m is only 54.64, rebound lacks strength. - The 1D trend is still ranging, but ATR on 1h is only 10.83; after volatility contracts, it often moves down with increased volume. - Why now? Price is stuck near the EMA; the direction-selection window has arrived, and the short odds are better. Discussion: Will this move hit TP2 first at 1810, or is it a stop-hunt bounce that triggers the SL?