#机构疯抢以太坊 Ether is still falling, with no strong narrative. What is being said is all soft and weak. First, the Ethereum Foundation sold off, then JPMorgan quickly came out to say not to panic, there's a stablecoin narrative to cushion it, bringing out the institutions that are holding coins, and so-and-so has bought again.

First, there are now chains everywhere; there are more chains than coins, and it doesn't necessarily have to rely on your Ether 😬. Will the offshore fiat currency of big countries?

Second: If I remember correctly, institutions went from 2,000 to 3,400, how much did they sell, and what was the average price? The young master of the golden retriever family also called for a buy when it pulled back to 3,300, so some people have political tasks to fulfill; they have to sell off. A mutual run on the bank could trigger a stock market crash in the U.S.

Third: The Ethereum Foundation will sell off; they will sell at every high.

Currently, this bubble has been inflated by the virtual currency policy of the current U.S. government and has also burst because of it. So continue to be bearish on 4,000; let's see if it breaks 4,000 over the weekend. Personally, I feel that breaking 4 is just a matter of time.