Just a quick thought: I’ve always paid close attention to what institutions are doing. After all, they have sizable positions, so their moves often offer useful clues.
Today’s headline: “LongX launches an actively managed basket, with AI Nexus as its first product.”
Looks like long-term capital is still being allocated, which gives me a little more confidence.
$ETH What do you think?

#ETH

This is not a buy or sell signal.