6.18 ETH Thoughts

ETH may be about to take off.

Last weekend, a whale bought up $2.5 billion worth of assets in one go; this level of purchasing hasn't been seen since 2018. More importantly, ETF funds have started to reverse, with significant net inflows for two consecutive weeks, indicating that institutions are clearly building positions quietly.

The current situation is quite interesting—prices are still being suppressed, but on-chain chips have almost been absorbed. Exchange inventories are rapidly declining, with $4 billion of RWA real assets anchored on-chain. This kind of divergence often represents the calm before the storm.

Do you remember 2017? The same script: whales sweeping up assets, funds lurking, and then suddenly a big bullish candle igniting the entire market.

I'm currently waiting for two signals:

Break through 3650 with volume

The Federal Reserve should stop causing trouble

Opportunities have always been reserved for those who still have bullets.