🔥 #Ethereum on the edge of a new cycle

Ethereum enters a decisive quarter — ahead are a major upgrade, potential ETF approval with staking, and massive whale activity.

📅 Fusaka Upgrade (Dec 3)

— introduces PeerDAS to reduce node load.

— boosts L2 throughput to 12,000 TPS, with fees dropping below $0.01.

👉 a huge catalyst for DeFi and NFTs.

⚖️ Staking Centralization Risks

— issuance cuts could push solo validators out,

— giving more dominance to Lido and other LSTs.

👉 increases systemic risk and may trigger regulatory concerns.

🐋 Whales vs. Corporations

— one whale accumulated 138,000 ETH ($503M) in October,

— while ETHZilla sold $40M worth to fund buybacks.

👉 the market is torn between accumulation and profit-taking.

🏦 Ethereum ETF with Staking

— BlackRock awaits SEC approval to enable staking within spot ETFs.

— could “lock up” up to 30% of $ETH supply, creating a supply squeeze.

💡 Ethereum stands between tech progress and centralization risks.

The key level to watch — $4,080.

A breakout above 🔼 confirms a bullish case, while rejection 🔽 could bring $3,920 retest.

🚀 ETF + cheap L2 = new demand engine — but decentralization is the price to pay.

Do you believe that Vitaly is dating Sydney Sweeney?