$ETH Institutional money has voted with its feet: it has stopped buying BTC and started buying ETH. ETH is the one I’ve been most impressed by these past few days—it rises the most when it rises, but hasn’t really fallen much. 1. Over the past 30 days, the ETH/BTC ratio has surged from 0.024 to 0.030; 2. At the end of August, ETH ETFs saw net inflows of $755 million, and Fidelity is still applying for a staking ETF. This isn’t retail money—it’s real institutional capital. 3. RSI at 75.54 looks scary, but ETF net inflows haven’t stopped, and the core valuation thesis remains intact. At this point, everyone is shouting about adding to their positions and going long. But has the situation really stabilized? Besides watching institutional activity, we also need to monitor macro events: the Federal Reserve has already signaled a rate hike, the US-Iran war is not completely over, and August nonfarm payroll data will be released this week. In the short term, the September 15–16 policy meeting is key.

A mysterious whale is dumping 408 million $ETH ! How long can 2448 hold? Guys, a warning signal has emerged on-chain—a mysterious whale is selling ETH in batches, depositing 70,739 ETH to exchanges over two days, worth approximately $174 million, while still holding 97,115 ETH yet to be sold. A total of $408 million in selling pressure is on the way. This isn't small-scale profit-taking; it's systematic position reduction. The whale has been sending coins to exchanges for two consecutive days and is selling decisively. You still don't know who it is or how much more it holds. Look at the candlestick chart: 2448 is hugging the lower Bollinger Band at 2448.92, RSI at 30.8 is nearing oversold territory, and the MACD death cross with expanding green bars shows that bearish momentum is still being released. The short-term support below is 2440–2430; a break below that means 2400. Zhao Gongming's view: With whale selling and macro headwinds creating dual pressure, ETH is unlikely to see a meaningful rebound in the short term. At 2448, the risk-reward for bottom-fishing is not attractive; wait for stabilization first. Trading strategy: Conservative traders should wait for a rebound to 2470–2480 before entering short positions; Aggressive traders can enter short positions near the current price. Remember, when whales are selling, don't rush to buy the dip. Follow Zhao Gongming to understand the risk signals behind the movements of major funds. #Anthropic再签350亿美元算力协议 #GateFutures完成CFTC注册并加入NFA

$ETH ETH this move is really top-tier; around 2587, all the shorts are lining up and getting liquidated. Yesterday it dropped to 2384 but it still didn’t break, and 2353 didn’t even get touched—so it shows that below, institutions are propping it up. With this kind of support level, do shorts still dare to be this stubborn? 😂 Anyway the trend is already clear—the rebound is just a matter of time 🤙