I believe there is no need for Ethereum to continue to oscillate around this price for a long time. The fundamentals and sentiment this time are quite persistent, and there is still hope for higher prices.

$ETH

If BlackRock starts shipping on the 6th
We need to look at this matter with a different mindset
At this position, above 3200, in the past, it would have been a fantasy for retail investors to be willing to buy in
Because in 2024, everyone knew that when Ethereum rose to around 4000, it would basically drop within a month.
Those playing spot trading had already become accustomed to this situation.
However, it is quite unusual that BlackRock has begun to reduce its own reserves; I believe this is very abnormal, as they already hold a lot of ETH (considered one of the largest players)
At this time, starting to sell ETH could indicate one thing: distributing chips at a high level, as the saying goes, slowly offloading.

However, it’s a good thing that someone is willing to take on Ethereum, indicating that there is still basic sentiment in the market

I suggest everyone wait a bit longer; there are still about 4 months left, no need to rush

In 2025, witness the final glory of ETH