Let me ask everyone a heart-wrenching question: when the smart money in the market is secretly bottom-fishing Ethereum, are you still hesitating about 'whether to wait for a pullback'? As someone who has been in the crypto circle for 8 years, I'll put it this way: the stage for ETH has long been set, and entering now can still get you a front-row seat. If you hesitate any longer, you'll only be left standing outside, listening to the cheers!
Don't rush to argue. I never rely on mere words; I only speak with solid evidence. Recently, there are two significant signals hidden in the crypto circle. Those who understand have already started quietly positioning themselves, while those who don't are still scrolling through the market and cursing it for having 'no opportunities': a small sovereign nation has quietly entered the game by staking ETH, and a group of successful whales has amassed nearly 1 million ETH in just three weeks; meanwhile, the ETH inventory at major exchanges has directly fallen to a nine-year low! This signal couldn't be clearer; the selling pressure is almost gone, the bottom is basically secured, and it's hard to drop further!
Sovereign institutions are entering the arena: this is not a trial run, it’s giving ETH a 'national-level pass.'
Many people think that 'the actions of small countries are not worth mentioning'; if this was said five years ago, I could still understand it, but those who say this now probably haven't experienced the losses from missing trends. This time, the one taking action is Bhutan, a country that relies on hydropower and holds an advantage in green energy, and has quietly accumulated a considerable amount of crypto assets.
But this time is different from past speculation; Bhutan has not only staked 320 ETH but also plans to migrate its national self-managed digital identity system from Polygon to the Ethereum mainnet! Brothers, what does this concept mean? It’s equivalent to building national-level infrastructure on ETH; it’s a real 'infrastructure-level recognition,' not just a few coins for speculative fun.
I still remember when MicroStrategy first started buying Bitcoin, how many people mocked them for being 'out of their minds.' What happened? They made a fortune from Bitcoin and became a benchmark for institutional entry. What Bhutan is doing now is essentially the same idea; sovereign institutions always have a longer vision than small retail investors. I dare to predict that more and more developing countries will follow suit, treating crypto assets as a national strategic reserve rather than just a supplement to foreign exchange. This trend will leave those who cannot keep up at a disadvantage!
The 'smart money' of whales does not lie: they are positioning themselves, not gambling.
In the crypto circle, there is also a distinction between whales; some are 'big dummies' who follow trends and chase prices, while others are 'smart whales' who strike at the right moment. The operations of the latter have always been the market's 'weather vane,' and this time is no exception.
I have compiled the latest core data for everyone to see: a seasoned player known in the circle as 'Bitcoin OG' holds 54,277 ETH, with total profits exceeding $100 million; another whale who never blindly follows the mainstream holds 62,156 ETH, with total gains of $58.7 million; another whale named '0xBADBB' is even more aggressive, directly using two accounts to pour $189.5 million into long positions.
More critically, the balance of whale wallets holding between 10,000 to 100,000 ETH has already reached an all-time high! Brothers, these individuals have fought through the bull and bear markets; they won't gamble away hundreds of millions of dollars but will only position themselves when certainty is sufficiently high. Now that they are collectively increasing their ETH positions, isn’t this signal obvious enough?
Technical + Fundamentals: double buffs are stacked, and $4000 is not a dream.
Having funds enter the market is not enough; ETH's own 'hard power' has also met the standards. With both technical and fundamental strengths maxed out, we are just waiting for a breakthrough opportunity.
First, looking at the technical side, the daily chart of ETH has formed a classic ascending triangle pattern. Those who understand technical analysis know that once this pattern breaks out, the price increase will be considerable. Currently, the resistance line of the triangle is around $3250; as long as it stabilizes at this position, the next target will be $4020, which is more than 28% higher than the current price. Moreover, the relative strength index has rebounded from the oversold area, gaining momentum; the more important thing is that ETH has just re-established itself above the 50-week moving average. I checked historical data, and every time ETH has stood above this line, it has subsequently experienced surges of 97%-147%. This time is very likely to be no exception.
Looking at the fundamentals, many people overlook the changes after ETH’s merge; the current ETH is no longer just a 'trading target,' but an asset that can generate yields. The annualized yield rate for ETH staking after the merge is around 3%-4%, which is far more attractive to institutions seeking stable returns than simply price increases. Moreover, after the implementation of the EIP-1559 protocol, ETH has entered a deflationary era; the more frequently the network is used, the more ETH is burned. As the Layer 2 ecosystem becomes more prosperous, the deflationary trend of ETH will also strengthen. Additionally, big companies like BitMine already hold 1.52 million ETH and have $18-20 billion in financing, which could lead to further accumulation at any time; all of these are fundamental supports for ETH.
Risk warning: Don’t blindly follow trends, but also don’t miss out on opportunities.
As a responsible analyst, I must remind everyone that there is no absolute certainty in the crypto market; risks must still be taken seriously. First is the macro environment; if the Federal Reserve changes its monetary policy, the entire risk asset market will be affected; second is regulatory risk, as countries are still perfecting their regulatory frameworks for cryptocurrencies, and new policies may emerge. Additionally, ETH also faces competition in the Layer 1 space; although it currently has the most developed ecosystem, new protocols are constantly vying for market share.
But speaking of it, which opportunity is without risk? Risk and reward always coexist. My personal view is that these risks are 'controllable risks'; compared to the losses from missing trends, they are simply not worth mentioning.
Lastly, let me say something heartfelt: opportunities are reserved for those who are prepared.
After staying in the crypto circle for a long time, you’ll find that the market always cycles between fear and greed. Before every major market movement, half the people are fearful, and half are greedy. Those who can see value clearly and act decisively when others are fearful end up making a lot of money; while those who hesitate and wait for clarity often end up as bag holders.
I often say that history doesn’t repeat itself simply, but it rhymes. The bull market patterns of 2017 and 2021 are well remembered: Bitcoin rises first, then funds rotate to Ethereum, and finally, altcoins explode. Now looking at it, Bitcoin has already moved first; who’s next, I don’t need to say more, right?
My personal judgment is very clear: ETH's tank is already full; the main wave of rise is not a question of 'whether it will come' but 'when it will accelerate.' Now is the best time to get on board; of course, the premise is that you must allocate your assets reasonably and not invest your entire fortune, after all, in the crypto market, living long means earning long.
Lastly, I want to ask everyone: do you think ETH can break through $4000 this time? Brothers who are already on board can check in the comments, and those who haven’t yet can also share your concerns. Follow me@帝王说币 #巨鲸动向 $BTC
