Once this stops $ETH is going to ROCKET.
Right now, we have the largest amount of institutional inflows into ETH we have seen.
Combined with $ETH whale wallets adding, this is most amount of buy pressure seen since 2017.
It's Massive.
So why is the price steady/down?
Because it is being HEAVILY shorted by large funds.
Right now, there are record shorts open on $ETH.
Why?
It is not because they think price will go down.
It is quite clear to me that $ETH is being purposefully and aggressively manipulated downwards to give all the big players time to load their bags as low as possible before...
- GENIUS act fully finalised
- ETH Staking ETF approval
And just the overall bullish period of this market where $ETH is about to melt faces.
Once these guys are finished loading, the shorts will be closed and the rally will be immense.
TLDR:
$ETH is a massive beach ball being held underwater whilst having more air added to it every day.
At some point soon, it's gonna launch hard.