🔥 EF'S ETH SALES: A DEEP DIVE INTO FUNDING & FRICTION
⚡ Ethereum Foundation ETH sales always spark a critical debate.
These periodic conversions fund vital ecosystem operations and development.
Yet, they highlight a core tension: project sustainability versus market sentiment.
🧠 Operational needs for salaries, research, grants require fiat. 💰
This forces conversion of native assets, creating subtle but consistent sell pressure.
It's a necessary financial reality for any active, decentralize...
𝐬𝐭𝐨𝐩…. 𝐬𝐭𝐨𝐩…. 𝐬𝐭𝐨𝐩…
𝐲𝐨𝐮’𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐨 𝐦𝐚𝐤𝐞 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐦𝐢𝐬𝐭𝐚𝐤𝐞 𝐚𝐠𝐚𝐢𝐧…
Everyone is getting bullish after the push…
but price just tapped a clean sell zone.
$ETH — SHORT
Entry: 2,240 – 2,280
SL: 2,360
TP1: 2,160
TP2: 2,080
That zone around 2,260–2,300 is strong resistance.
Price already showed rejection from there not a clean breakout.
After a sharp move up, this looks like a classic distribution area.
Liquidity above got taken… now downside can foll...