Ethereum's Conspiracy: Seeing the Big Picture, Summarizing Ethereum's Market Manipulation Logic
1. ETF Listing as Bait, Price Halved to Wash Out Retail Investors

When the Ethereum spot ETF was first approved, the market cheered, but the price plummeted to around $1300, dropping a full 70%. This is a typical “washout” - main funds use positive news to attract retail investors, then sell off to reclaim shares. The market cap fell close to the total market cap of stablecoins in its ecosystem, which is its fundamental bottom line.

2. Rebounding from 1300 to 2600, Almost Without Good News

After hitting the low point, Ethereum quietly doubled without any significant positive news. This is not a coincidence; it is the main funds quietly accumulating shares.

3. U.S. Stocks Show “Ethereum Version of MicroStrategy,” Signals Emerging

Recently, there has been a capital layout in the U.S. stock market similar to “MicroStrategy buying Bitcoin” for Ethereum, which is an important turning point signal.

4. Significant Policy Benefits are Unfolding

Last week, the U.S. proposed a legislative draft related to stablecoins. In the future, there may be $2 trillion of stablecoins in circulation, and at least half of them will be deployed on the Ethereum network.

5. Stablecoins Running on Ethereum Means Ethereum is Worth This Much

If there are $1 trillion of stablecoins running on Ethereum, then the Ethereum platform itself would be given a market valuation of about $1 trillion, just like a “decentralized SWIFT system”; its value is not inflated but is supported by real demand.

6. Not a Rebound, But a Trend Reversal

The current trend is no longer a simple rebound after a drop, but a complete trend reversal.

7. Altcoins Can't Keep Up with the Rhythm

In this round of rising, most altcoins have failed to outperform Ethereum. Even DeFi or meme projects on Ethereum have not benefited much - indicating that market focus is extremely high, with Ethereum as the core asset.

8. Ethereum May Reach Historical New Highs in the Second Half of This Year

With the resonance of fundamentals, policies, and capital, there is a high probability that ETH will reach new historical highs within this year.

9. Ethereum is Being Bound into the New Global Financial Order

Stablecoins (digital dollars), U.S. Treasury bonds, Bitcoin, and Ethereum are gradually being tied together into a new financial system. Ethereum is not just a blockchain project; it is becoming a key wheel in this “new vehicle.”