Keep an eye on the market! ETH has just broken through $3100 and is now struggling around $3070. The whole network is in despair, but I want to tell you: great opportunities often arise from such consistent panic.
🔥 The market is cleaning out every weak holder
1. Current situation: Are the bulls dead?
The price has dropped below $3100, down nearly 3% in 24 hours, and technical indicators show “strong sell.” There is a chorus of bearish voices in the market, as if 2880 or even 2620 is just around the corner. Retail leverage has been significantly liquidated; do you think the bull is gone? No, the market is just executing the most brutal “stress test.”
2. Overlooked positive signals: Smart money is quietly moving
· Epic supply tightening: The ETH supply on exchanges has dropped to the lowest level in ten years, lower than in 2015. What does this mean? The “floating chips” that can be easily dumped are extremely scarce.
· Whales continue to accumulate: Institutions like BitMine are accelerating their purchases and staking ETH; their eyes are on next year, not tomorrow's fluctuations.
· Fundamentals are quietly strengthening: The recently completed Fusaka upgrade is taking effect, and the prosperity of Layer 2 is starting to feed back into the main network's value. The quarterly settlement volume of stablecoins on Ethereum has surpassed that of Visa and Mastercard combined, which is real utility.
3. My core logic: Bull markets die from euphoria, they are born from despair
Looking back: The bull market started at the end of 2023, with most people missing out; in March 2024, the market was “comatose,” with most people trapped. Now, when everyone thinks the bull market ends at the end of 2025, a rebound based on extreme supply tightening and macro shifts may be brewing. Remember, trends are always born out of despair.
The Musk concept little dog 【P.U.P.P.I.E.S】 can be paid attention to!
