#数字资产市场动态 【143,000 ETH Transfer Sparks Market Alert: On-Chain Data Sends Important Signals】

$ETH's major address from the Genesis phase showed activity yesterday—marking the first large-scale transfer in 8 years, totaling 143,000 ETH, equivalent to $3.2 billion. The historical context of this move is quite intriguing: the previous two transfers of similar scale were both accompanied by declines of over 40%.

Current market pressure is indeed significant. From a fundamental perspective, the probability of a rate cut by the Federal Reserve in January is only 13%, indicating that tightening expectations will continue; ETF net outflows over five days reached $530 million, showing a clear cooling of institutional sentiment; prices have already fallen below the key support level of $2800, and failing to hold this level is something everyone is well aware of.

$BTC and $SOL are also under pressure, with the entire market showing a correlated downward trend.

**Technical Position Reference**

$2800: Already breached, the first line of defense is completely broken
$2100: The real critical point, with 2.1 million buy orders stacked here
$1800: The generally predicted bottom area by institutions, and the current extreme pressure point

**Practical Advice**

Those with leveraged positions should clear them quickly; there's no need to gamble with risk. If your spot holdings are still substantial, consider reducing to below 15% of your total funds. During the decline, you can tentatively allocate about 10% of your funds around $2000, and add to positions in batches around the $1800 zone.

Looking at a longer cycle, 2026 might see prices around $8500, but the immediate priority is how to survive this critical phase.