10/19 ETH Strategy The decline has almost adjusted, and next we can go long, aiming for bullish positions.

The Ethereum market is adjusting. The price has fallen below a key level. However, institutional enthusiasm for ETH seems to remain strong. Large investors are very active. They withdraw ETH from exchanges and reallocate it to long-term strategies and DeFi protocols. Interesting. Ted Pillows analyzed that three new wallets purchased a large amount of ETH worth $148.8 million. Whales are quietly accumulating. This behavior is quite surprising. It reflects confidence in the long-term potential of Ethereum, despite short-term market fluctuations. ETH is now $4,414. It is consolidating below $4,500. The 50-day moving average is around $4,115. The 100-day moving average is at $3,368. The bullish structure is still there. Prices may continue to fall. But the fundamentals of Ethereum seem solid. Funds are rotating. Institutions are flowing in. This supports the bullish outlook. The next few weeks are crucial. The market is weighing short-term volatility vs long-term confidence. Whales seem quite certain. In summary, big players are preparing for the next round of growth. They believe in the fundamentals of Ethereum. They also value its role in DeFi and the broader crypto economy. Quite interesting.