Ethereum's staking contract now holds 77.85 million ETH, valued at over $256 billion, marking a 38.4% increase in staked coins over the past year. This growth reflects strong long-term confidence in Ethereum's network, despite concerns about potential withdrawal queues and their impact on supply and pricing dynamics. Ethereum's price is consolidating between $3,330 and $3,400, with traders eyeing key levels for potential momentum plays. Analysts suggest watching for gains above $3,330 and potential moves toward $3,400, while also considering opportunities to enter long positions around $3,275 or reclaiming the $3,450 high. Additionally, ETH's performance against Bitcoin is under scrutiny, with potential shifts in market sentiment if support levels hold.