I will write a few more thoughts on $ETH ⬇️

In January, right before the dump, Ethereum was massively brought to exchanges. This was mentioned here and there, but no one really paid much attention to it. The result — the infamous February 3rd, the Wintermute manipulation, and the fall of Ethereum from $3400 to $2000.

Now, similarly, there are mentions here and there that Ethereum is being bought by BlackRock, while the reserves on exchanges are decreasing. This is just a hypothesis, but if suddenly one day we see a very "sudden" rapid increase in Ethereum, then we will also be offered "unexpected" explanations for this fact, namely — the staking ETF, which, like many other SEC applications, is being "marinated," something tells me, until the moment that the big players have pre-agreed. That’s why I believe that Ethereum can be held in spot, in a reasonable volume, and without expecting to make a profit the day after tomorrow.