August 28, 2025 Market Analysis
First, let's look at a set of data: the number of Ethereum queued to exit staking has exceeded 1 million, worth 4.5 billion USD, while the number waiting to enter is also close to 750,000, both setting historical highs. This shows that the battle between large holders is quite intense. It can be said that this is a moment of 'mutual SB' exclusive to institutions, which is also the reason for the recent high volatility in the market. The exit of 1 million will naturally create selling pressure over the next month, but the recent queue to enter also represents another force's long-term optimism. The known lineup includes the US company MicroStrategy for Ethereum and some recent BTC whales.
The reason I suggest everyone hold on until above 5000 before gradually selling is based on this situation. In a sense, this represents the largest-scale turnover in Ethereum's history. Since we have not chosen to give up even when it fell below 1500 USD, and there are many long-term believers among us, why not firmly stand on the bullish side at this moment? You should know that this is not only an excellent opportunity to test our understanding but could also bring us substantial returns. Conversely, even if the breakout fails, our cost is not very high. In the worst-case scenario, we can just continue to hold; are you still afraid of Ethereum? Additionally, I would like to add that the largest Ethereum MicroStrategy company, BNMR, has a holding cost above 3500, and the 700,000 ETH queued for staking has an average cost above 4000.
In terms of price, Ethereum is experiencing a smaller converging market, which is often something that must be experienced before a breakout occurs. Although it cannot be entirely confirmed that it is moving upwards, in my view, the probability of breaking through 5000 next week is higher. Of course, I would not advise you to gamble on a breakout at this position, because for me, after several reductions and fluctuations, the cost of chips in this round has dropped below 2000, making it unreasonable for you to charge in aggressively now. However, if you have held onto Ethereum despite the FUD from the entire network from the end of last year to the beginning of this year, there is no reason to give up at this point; at least keep some on hand.
Finally, the popular WLFI is about to launch. For those who invested 0.015 USDT in the first round, there are dozens of times of gains. Although if we return to that time point, due to bias against the Trump token, I would also hesitate to participate in WLFI because I see it as just another meme that can only be speculated on. There are many opportunities in the crypto space, but no one can seize all types of opportunities. It is essential to find what you can accurately judge and sleep well with. If the imminent breakout of Ethereum makes you anxious, I think it is also reasonable to reduce your position appropriately. The most important thing is to invest comfortably, just don't look back and regret it, just like with WLFI, acknowledge that the differences in your understanding have made you miss it, rather than regretting picking it up in the secondary market.
Thank you for your attention and likes. #ETH质押退出动态观察
