Is ETH about to crash? Don't be misled by panic!

Today, 910,000 ETH unstaked created a historical high, with bearish news everywhere, but the truth hides a reversal——

The manipulators are playing 'information control'

They only shout bearish news but refuse to mention: yesterday, US stock market Ethereum strategic reserve companies crazily bought 384,500 ETH (about 1.653 billion USD), also setting a historical high! While amplifying panic, they quietly accumulate, don’t fall for the trick again.

Institutions voted with real money

The strategic reserve companies not only didn’t sell, but instead crazily increased their positions, this is hard logic——they are betting on the mid-to-long-term value of ETH, which is the 'stabilizing force' for the current coin price.

Unstaking ≠ crashing the market, don't rush to guess

Most unstaking is due to the soaring on-chain lending rates, arbitrageurs are reducing leverage and controlling risks, and not directly selling, the actual selling pressure entering the market is very small.

Key to look at these two major variables

Will Powell's speech this week pave the way for a rate cut in September? Is there any new development in the Russia-Ukraine conflict? Once the macro environment turns favorable, the market may reverse and explode at any time.

How will it go in the short term? Volatility is high, timing is crucial

- Today (1 day):

BTC current price 115,000, support at 113,666, resistance at 117,000;

ETH current price 4,235, support at 4,170, resistance at 4,333.

Key upcoming points

- End of the month: ETH aiming for 5,000, BTC targeting 128,888;

- Early September (9.1-9.20): ETH may pull back to 3,500, BTC probing near 100,000;

- Mid to long-term (around 10.15): BTC looking at 138,888, ETH hitting 5,500;

- Long-term (end of December): ETH target 8,888, BTC aiming for 148,000!

No matter how much volatility, stay calm about direction——don’t let short-term noise distract you, seeing the rhythm clearly is more important! $ETH $BTC $BNB