$ETH Guys, ETH just went through a brutal shakeout, dropping as low as $2,405 and knocking a lot of people who bought in at the top off the ride. The price has now bounced back to around $2,565, and many are asking: Is this a pullback to pick people up, or one last chance to get out? Here’s a different take.
From late September to early October, the ETH validator exit queue surged from 166,000 ETH to 851,000 ETH—more than fivefold. That means a large amount of staked ETH is about to be unlocked and flow into the market, creating the biggest potential source of short-term selling pressure. However, now that this round of deleveraging is over, that pressure is gradually being absorbed.
On one hand, ETFs have seen net outflows for eight consecutive days, with BlackRock alone pulling out $477 million. On the other, Citi just raised its 12-month ETH price target from $2,240 to $3,028, citing a renewed “currency debasement trade” and expectations of capital flowing back in. Institutions are looking at the long term, while retail investors are rushing for the short-term exit. This kind of divergence often suggests a bottom is forming.
#以太坊突破2500USDT #STRK24小时上涨约20%
From late September to early October, the ETH validator exit queue surged from 166,000 ETH to 851,000 ETH—more than fivefold. That means a large amount of staked ETH is about to be unlocked and flow into the market, creating the biggest potential source of short-term selling pressure. However, now that this round of deleveraging is over, that pressure is gradually being absorbed.
On one hand, ETFs have seen net outflows for eight consecutive days, with BlackRock alone pulling out $477 million. On the other, Citi just raised its 12-month ETH price target from $2,240 to $3,028, citing a renewed “currency debasement trade” and expectations of capital flowing back in. Institutions are looking at the long term, while retail investors are rushing for the short-term exit. This kind of divergence often suggests a bottom is forming.
#以太坊突破2500USDT #STRK24小时上涨约20%