True confrontation or a double act!
The real protagonist behind the scenes is actually BlackRock.
This wave of cooperation is performed very well: two big shots create conflict, the media frantically amplifies panic, retail investors' emotions collapse, and they cut losses and exit. So what’s the result? BlackRock quietly bought up ETH. Sound familiar?
This script was also played out in the last bull market: first creating panic by crashing the market, then buying low and harvesting the slow-witted investors.
Now ETH is approaching historical highs, while they have long since set their positions and are just waiting to reap the rewards.
If this plot were to be written as lines, it would go something like this——
Trump: Have you cleared most of your positions?
Musk: Retail investors have all sold out, we’re about there too.
Trump: Alright then, we can reconcile.
