$ETH briefly showed weakness in its trend, but that doesn't mean I'm really weak!!!
Currently, ETH's market performance is indeed not as strong as BTC and SOL; it can't outperform SOL nor beat Bitcoin. But I think this is precisely an opportunity.
On the staking side, over 43 million tokens are locked, accounting for 35% of the circulating supply, and the queue to enter staking is more than 13 times the queue to exit. Those wanting to dump don't have the tokens, which is the confidence that the drop won't be deep.
ETF funds did see an outflow of 140 million last week, but look at September 18th when 144 million flowed back in, filling the gap the same day. BlackRock has been continuously buying for 20 consecutive trading days.
In short, ETH around 2720 may seem to lack momentum now, but the fact that it doesn't fall below this level for long means someone is supporting it. However, if Bitcoin and SOL continue to surge, ETH can't stay behind.
For short-term operations, if it pulls back near 2710, you can go long. As long as Bitcoin doesn't crash, ETH has a good chance to push up to 2800. #ETH冲高2700美元，质押与资金面现分化
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