ETH exchange reserves hit an eight-year low, whales quietly accumulate and release positive signals
Ethereum exchange reserves have fallen to near eight-year lows, with on-chain whales continuously absorbing chips, releasing key market signals. Meanwhile, expectations for interest rate hikes in Japan are rising, triggering concerns about global liquidity tightening and spreading market panic. However, on-chain data shows that potential selling pressure is being effectively absorbed, and market support is strong.
Historical patterns indicate that significant declines in exchange reserves often precede price turning points, signaling that chips are shifting from the circulating market to long-term holders. At this critical juncture in global central bank policy shifts, short-term volatility may intensify, but it might also create opportunities for medium to long-term positioning.
Current market sentiment sensitivity has reached a ten-year peak, and investors should be wary of emotional reversals after the "shoe drops." While tightening liquidity may bring short-term pressure, it does not necessarily end the bull market trend; rather, it might accelerate asset value reassessment and drive a new round of structural trends.
Strategy advice: Maintain strategic resolve, pay attention to changes in key support levels, and accumulate in batches during pullbacks to seize opportunities in undervalued quality assets. $BTC
