$ETH’s recent “plunge” of $2467 isn’t a bad sign at all—it’s actually the bull market’s final shakeout signal. Everyone is mocking ETH’s weakness by focusing on the -1.05% drop, but nobody noticed the $9.3B in 24-hour trading volume—that figure is up nearly 40% versus the same period last week, while the price only fell $25. Is that “distribution”? No, that’s rotation/turnover. The real top is a slow, shrinking-volume bleed; a high-volume sell-off is just a smokescreen—institutions usually use it to pick up bids at low levels. Even more humiliating: you’re all waiting for Nvidia’s earnings to rescue the U.S. stock market, but S&P and Nasdaq futures are collectively sagging—only the Dow is rising. That already shows capital is moving from tech giants to traditional industry, and the narrative for ETH as “digital oil” is precisely tied to the industrial cycle. The daily low at $2413 didn’t break the previous low of $2380—this isn’t support; it’s the track the operator laid out. People calling for ETH to drop back to $2000 probably haven’t even looked at on-chain data: over the past 72 hours, whale addresses have net-added 142,000 ETH at an average price of $2448—higher than the current price. My take is that over the next two weeks, ETH will first fake a dive toward around $2380 to shake out leveraged longs, then—riding the volatility around the U.S. earnings season—explode and push straight to $2700+. The reason is simple: when everyone is panicking about the “fifth straight quarterly decline,” the options market’s 25% delta skew has already jumped to 0.32, the most extreme downside protection cost in the past year. Professional capital is buying insurance for a violent rebound, while retail traders are still cursing at the candlestick charts. Don’t tell me about “the Fed not cutting rates” nonsense—liquidity has already leaked into the market through buybacks and the Treasury general account; you just can’t feel it. This week, the number of active on-chain addresses hit a three-month high; the net inflow of stablecoins into exchanges is $1.2B—these are the fuel before liftoff. If you don’t buy now, when it breaks $2600 you’ll be chasing like a fool. See you in the comments��