Market Makers are manipulating $ETH downward.

I don't know the reasons, but I've never seen such a large divergence between price and fundamentals.

While the price is stagnant, we have:

- Delta volume indicating that buyers have dominated since April.

- Stablecoins on the network at ATH.

- Last month, accumulation addresses increased by 36%, buying 6 million ETH in just one month.

- Staking has been in parabolic mode since May, accumulating over 1 million ETH in June (all-time high).

- ETH inflows to exchanges have dropped by 70% since November.

- Daily deposits fell from 135,000 in April to just 15,000 today. Almost no one wants to sell at these prices.

What's happening? Why doesn't the price of $ETH reflect these fundamentals?

Time will tell, but if this continues, I am convinced that the price will reflect its fundamentals.