$ETH This whole situation— the more I look at it, the more it feels like a serialized drama, and the plot keeps getting more and more outrageous.

At around dawn, I saw news that the foundation had lost 19 executives this year, and it suddenly snapped me awake.

My hand moves faster than my brain. I immediately placed a 32x long order at 1697.38. I was kind of dazed at the time, and now I’m up about 15 dollars at 1705.41. It’s like I swapped muscle memory for a small rebound.

At the time, I had only one thought: institutions are buying, and the core team is running. The contrast is way too stark—there has to be something wrong on one side. Either the institutions are foolish, or the market is excessively pessimistic.

I bet on the latter. Anyway, my position isn’t big. If I’m wrong, then I’ll just treat it as my contribution—like giving Ethereum some pocket change.

When I look back now, the foundation’s personnel shock is indeed not a small matter. The loss of core developers means the technical narrative lacks that “to have light” momentum, and it’s hard for short-term market sentiment to harden.

But from another angle, these kinds of negative reports are already out in the open. The price has fallen to this level, and after so long of ranging around 1,700, the bears still haven’t managed to smash through. What the chart feels like is: everyone is waiting for a more definite signal, whether that signal is upward or downward.

Next time I run into news like this, I might wait for opening to confirm liquidity before I take action. I moved too quickly at dawn—there’s a risk of getting myself stabbed by the needle.

What do you think— is this round of personnel turbulence at the foundation a chance to board the train, or the final window to escape?

Speaking of the tug-of-war between institutional accumulation and the foundation selling coins, there’s a wallet that recently withdrew 8,450 $ETH and 108,000 $HYPE from FalconX. This is already the latest transaction of institutional accumulation this week.

Earlier, Bitmine also bought 20,000 coins. On the other hand, the core development team is warning about a funding crisis, and the EF is still slowly distributing.

One side is off-chain funds putting real money behind their votes, and the other side is the development side’s funding gap getting bigger. If this mismatch continues, then either big players will keep scooping all the way down, or it turns into a liquidity trap— and even the altcoin and $ETH -related sectors will have to swing along with it.
#我的Gate交易时刻 #STRC跌破面值11%创上市新低 #TradFiCFD黄金大师赛