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Feels like the bigger story with ethereum:0xb2617246d0c6c0087f18703d576831899ca94f01 right now isn’t just price action it’s what happens on the capital side.
If buybacks are opening up and institutions are actually looking for places to deploy onchain liquidity, then the first 30 days will matter a lot. That’s usually where sentiment gets set, not later.
Not saying it’s guaranteed to play out in any specific direction, but early phases like this tend to attract attention fast if there’s real demand behind it.
Worth watching how the flow behaves once it actually starts moving, not just the idea of it.