Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 As of October 1st, Ethereum has fluctuated repeatedly at the key position of $4200, reaching a high of $4200.31 and a low of $4111.09 during the day. The current price is hovering around $4165, a decrease of 0.83% in 24 hours. This price range has become the focus of high-risk games in 2025. On chain data shows that the potential forced liquidation amount of up to 1.63 billion US dollars is hovering between the key price levels of 4200 US dollars and 4400 US dollars. Any breakthrough by either side could trigger a domino effect. 【 02 Institution Entry: Huge Funds Ambush 】 Despite weak price performance, institutional investors' long-term confidence in Ethereum has not wavered. Data shows that the net inflow of US Ethereum spot ETFs reached $127.5 million yesterday, with BlackRock's ETHA product monopolizing all the inflow funds. At the beginning of this week, the spot Ethereum ETF attracted a large influx of $547 million in funds. At the same time, major mining companies are also actively laying out Ethereum. Mining company BitMine Immersion already holds approximately $10.6 billion worth of Ethereum and plans to expand its holdings to 5% of the total supply. This move demonstrates the confidence of large institutions in Ethereum's' long-term upward potential '. 【 03 Risk of liquidation: The game between whales and individual investors 】 After Ethereum broke through $4200, the on chain address 0xcB92 was fully flattened, resulting in a loss of over $15.85 million. This is just the tip of the iceberg of intense market volatility. Within the past hour, the total amount of contract liquidation on the internet reached 10.26 million US dollars, of which 9.04 million US dollars were short positions, accounting for as much as 88%. ETH single asset liquidation amounted to 5.89 million US dollars, accounting for 57.43% of the total liquidation amount on the entire network. Analysis of the derivatives market shows that if the price of Ethereum breaks through the resistance range of $4350, about $1 billion of short positions will face the risk of forced liquidation, which may create "strong upward pressure" on the market. 【 04 Future Direction: Catalyst and Risk Coexistence 】 The market's attention has focused on whether Ethereum has a chance to return to the historical high of $4800 set on September 13 last year. Unlike the upward trend driven by major upgrades or regulatory incentives at the time, the current market lacks a clear catalyst. Analysts point out that if Ethereum can stand firm in the $4200 support zone, it could be a 'pretty good buying opportunity'. Once the price reaches this support level, bullish forces may quickly intervene to drive a rebound. Technical analysis shows that Ethereum's core support levels are around $4120 and $4095, while the key resistance levels above are around $4200 and $4240. If we can effectively break through the resistance of $4240, it may open up further upward space. The encrypted world has never been so nervous about staring at a number. Market analysts point out that if Ethereum can rebound to the $4200 range and stabilize, this could be an ideal buying opportunity. And those traders who persist in short selling near key resistance levels may face significant risk of liquidation. $4200 is no longer just a price, but also a psychological defense line for both long and short positions. Operation suggestion: BTC 110050 long. First target: 111850. Second target: 112765; ETH 4070 long, first target at 4120, second target at 4180. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

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[Abu Dhabi Bans Crypto Mining on Farmland and Imposes Heavy Fines] Abu Dhabi has announced a ban on cryptocurrency mining on farmland, with violators facing fines of up to 100,000 dirhams and potential disconnection of related services. This move aims to protect agricultural resources and energy supplies while strengthening the regulation of illegal mining activities. (Cointelegraph)

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