๐จ $ETH SUPPLY FLOODS 47,500 COINS MONTHLY โ THE BURN ENGINE JUST DIED ๐ป
Smart money isn't asking why ETH can't rally โ they're reading the supply print. The protocol minted 48,571 ETH while incinerating only 1,000, a net injection near 47,500 coins every month. ๐ That's not a burn narrative, that's a faucet running wide open.
The mechanism collapsed because activity fled to cheaper lanes, leaving gas fees too low to fuel meaningful destruction. ๐ Until the emission schedule is recalibrated, this inflation overhang acts as structural resistance above the current range โ every rally attempt gets priced against fresh supply.
๐ฌ At what point does this supply pressure force a breakdown, or does the market just keep absorbing it sideways? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #Ethereum #Inflation #CryptoAnalysis #Supply
๐ป ๐
Smart money isn't asking why ETH can't rally โ they're reading the supply print. The protocol minted 48,571 ETH while incinerating only 1,000, a net injection near 47,500 coins every month. ๐ That's not a burn narrative, that's a faucet running wide open.
The mechanism collapsed because activity fled to cheaper lanes, leaving gas fees too low to fuel meaningful destruction. ๐ Until the emission schedule is recalibrated, this inflation overhang acts as structural resistance above the current range โ every rally attempt gets priced against fresh supply.
๐ฌ At what point does this supply pressure force a breakdown, or does the market just keep absorbing it sideways? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #Ethereum #Inflation #CryptoAnalysis #Supply
๐ป ๐