⌞ Ethereum aims for 5000 USD this month ⌝
In a nutshell, retail investors are out of stock
🚀 Exchange balances have dropped to 15.35 million, the lowest level since 2016. Do you know what happened next? In 2017, Ethereum skyrocketed 108 times, rising from 8 USD to 870 USD, the DeFi boom began from there!
🪂 MicroStrategy's ETH version, three companies are buying like crazy, only BitMine alone bought 2.9 billion USD last month, completing only 0.6% of their planned purchases; they want to buy a 5% stake, and the other two are also making progress. Do you feel the push?!
🦋 On-chain ETH staking has locked in 29.6% of the supply, the only Ethereum retail investors have is for Gas used in transactions. After last week's crash that shook out the bulls, this ride is now super light!
🔹ETH short-term first target: Break through the December 2024 high of 4107 USD
🔸ETH medium-term first target: Break through the November 2021 high of 4868 USD
The light boat has passed through thousands of mountains, Wall Street is violently pushing up, please hold on tight
Charge!