Let’s have some real talk here on $ETH.

No overhyped BS bulltard “HE KNOWS SOMETHING” crap.

It has been the shitcoin of the cycle so far.

No debating that.

BUT…

We must stay objective.

And we simply cannot ignore the fact that Blackrock have added $2bn in $ETH to their BUIDL fund in the last 6 weeks.

This is the most aggressive $ETH buying we have ever seen.

And, they have just so been “lucky” enough to do so at the absolute lows.

There are no coincidences when it comes to smart money.

And when we combine this with all ETF inflows, Blackrock now owns almost 2% of $ETH supply.

These guys do not lose.

Follow the smart money.

And my money is where there money is.

It has become collectively bonding to insult $ETH, and widely accepted that it’s never recovering…

Which is the prime place for the most hated rally.

A rally that has been fueled by smart money.

Once $ETH breaks this longstanding trend, it’s very likely up only for a while, catching everyone off guard.

I don’t make the rules.