The 2355 level has failed to break down several times; what would be the outcome if it did? $ETH

Sigh😮‍💨, if I hadn't done more last night, I would have already broken even now $ETH

I'm really talented: going long at highs and short at lows. Not suitable for playing $ETH 

Goodbye $ETH, I'm done playing

Ethereum Foundation announces long-term roadmap to complete post-quantum security upgrade by 2029, addressing quantum computing threat risks This is a very fundamental, long-term event that the community rarely discusses in depth. In September, the Ethereum Foundation updated its protocol roadmap, setting the goal to complete the quantum-resistant transformation of the Ethereum L1 mainnet by December 2029 at the latest, enabling the execution layer, consensus layer, and data storage to all have the security capability to resist signature cracking by quantum computers. Many people have heard about the quantum computing threat to cryptocurrencies, but mostly treat it as a distant sci-fi topic. However, the Ethereum Foundation has turned it into a clearly scheduled engineering task, planning to reassess the progress of quantum technology development in 2027 and dynamically adjust the upgrade pace. Simply put: the signature algorithm used by Ethereum user wallets today can be cracked by sufficiently powerful quantum computers in the future. This upgrade is to proactively replace the underlying cryptographic algorithms to avoid systemic risks of asset theft in the future. Market perspective: In the short term, this has almost no stimulus effect on the price of $ETH and belongs to fundamental security infrastructure. But it will reduce the long-term security concerns of large institutions and sovereign funds holding ETH, serving as a foundational guarantee of long-term value. The risk lies in the multi-year technical upgrade, which carries uncertainties such as development delays and community opinion disagreements.

It's no longer interesting………………

Singapore Exchange applies to US institutions for BTC and ETH perpetual futures, bypassing US domestic regulations to open a new institutional trading channel Most people's attention is focused on US domestic spot ETFs, easily overlooking this significant cross-border compliant derivatives development. SGX has already filed with the US Commodity Futures Trading Commission (CFTC), planning to open BTC and ETH perpetual futures products to US institutional investors. If no regulatory objections are raised during the 10-day public notice period, the products can be officially launched. It should be noted that the approval threshold for crypto derivatives in the US domestic market is extremely high, making it difficult for domestic exchanges to directly launch perpetual contracts. SGX's plan uses its overseas registered exchange status to allow US institutions to participate directly in BTC and ETH perpetual futures trading without opening overseas accounts. Market implications: ETFs are spot allocation tools, while perpetual futures are tools for institutions to hedge and arbitrage. After holding large amounts of spot $BTC/$ETH, institutions need derivative tools to hedge downside risk. The launch of this product will complete the full trading loop for institutions and increase their willingness to hold spot long-term. Risk warning: This is currently only at the filing stage, and regulators may raise objections at any time; the product is targeted at institutions, ordinary retail investors cannot participate, and it will not bring direct incremental buying pressure in the short term, being more of a long-term infrastructure build.

Trump's latest response on whether to raise interest rates When asked by reporters whether the Federal Reserve will raise interest rates at next week's meeting, Trump responded: "I'm not sure, but the United States should have the lowest interest rates in the world." Regarding the situation in the Middle East, Trump stated that the Iran-related conflict is expected to quickly conclude after the midterm elections, and a ceasefire might even be achieved before then. Speaking about Ukraine, he presented a view to Zelensky: Ukraine should stop targeting diesel fuel-related facilities, as such actions would have a negative impact globally.

Standard Chartered Bank expands BTC and ETH institutional spot business to the UAE, officially opening the Middle East capital channel ETH is about to break even 🫣 Most people only focus on the inflow and outflow of US ETF funds, easily overlooking that traditional Middle Eastern banks are quietly building crypto asset trading networks. At the beginning of September, Standard Chartered Bank officially announced extending its BTC and ETH institutional spot business from its UK headquarters to the UAE market, with services exclusively available to institutional clients. The underlying logic is interesting: Middle Eastern capital has long had a need for diversified asset allocation. Previously, to trade BTC/ETH spot, most had to rely on OTC channels, which carry high compliance custody and settlement risks. Now, a well-established international bank has directly set up local institutional trading desks, effectively opening a compliant channel for large Middle Eastern funds to buy BTC and ETH. Short-term price stimulation will not explode immediately, but this lays the groundwork for long-term incremental capital. After the Federal Reserve's interest rate policy stabilizes, the allocation needs of Middle Eastern sovereign funds and family offices will gradually become new sources of capital for BTC and ETH. Risk warning: Currently, the service is only open to institutional clients; ordinary retail investors cannot participate. The pace of business rollout and changes in local regulatory policies will affect the rhythm of capital inflow.

ETH whale high sell low buy: Large amounts of ETH first take profit and exit, then place limit buy orders waiting for a pullback Latest on-chain data as of September 12: Leading whales sold nearly 10,000 ETH in batches, realizing about $14.22 million profit near $2619; they did not exit to wait, but immediately placed limit buy orders after selling, waiting for the price to drop to buy back. Key point: This is not a long-term bearish liquidation, but a typical institutional whale swing operation. The historical trapped position of tens of millions of ETH accumulated in the $2700–$2800 range is the strongest short-term resistance zone. There is a huge supply barrier above, making it easy for whales to take profits on price spikes; during pullbacks, whale funds are waiting below to buy in