Ethereum about to crash? The amount of ETH unstaked today has reached 910,000, setting a new historical high!\nAnswer: No.\n1. Dogecoin manipulators control public opinion\nThey amplify negative news during market panic, escalating retail investors' fears; however, yesterday, the strategic reserve company for Ethereum in the US increased their holdings by 384,500 ETH (worth $1.653 billion) in a single day, also a historical high, yet they said nothing about it.\n2. Institutional movements are the core fundamentals\nThe ETH strategic reserve company not only did not sell but instead massively increased their positions, indicating their firm belief in the medium to long-term value and potential of ETH. This is the most critical force supporting the coin price at this moment.\n3. Unstaking does not equal dumping\nMost ETH unstaking is due to soaring on-chain lending rates; multiple staked arbitrageurs need to reduce leverage and lower risks, rather than directly selling. The proportion of selling entering the market is limited.\n4. Key external variables\nWill Powell's speech this week pave the way for a rate cut in September?\nIs there any turning point in the Russia-Ukraine conflict?\nOnce macro factors release positive signals, it will quickly ignite a new round of bullish trends.\n#加密市场回调 #俄乌冲突即将结束？ #ETH质押退出动态观察 $ETH