Morning after waking up and checking my phone, I almost thought the software was broken.

$ETH This move is really aggressive. I was still contemplating whether to reduce my position before bed last night, and when I woke up today, the market gave me a big surprise.

Spot price at 1729, up 2.38% in 24 hours. Although not an explosive increase, in this narrow fluctuation market, it’s enough to make me comfortable.

At that time, I actually wasn’t confident. After a few drinks and going home, I just fell asleep without checking the market.

Drowsily thinking, I guessed this order would be stopped out, since recent market behavior has been crazy—poking in the evening and rebounding the next day, I’ve gotten used to being played by the market.

But when I checked in the morning, my unrealized gains directly lifted my spirits.

$ETH At this level, many are still debating whether it’s a trap to lure more buyers. But I’ve been watching on-chain signals these days—big players are accumulating.

A new wallet withdrew 8,450 ETH from FalconX, plus the 20,000 ETH bought by Bitmine. It’s clear that institutions are increasing their positions this week.

You could say they are building positions on the left side, but such a large amount of funds wouldn’t pile up in one spot without reason.

On the other hand, the Ethereum Foundation is still selling. Former contributors have issued warnings, saying the core development team might run out of money in the coming months.

One side is buying, the other is selling—retail investors are caught in the middle, and they have to choose a side.

Personally, I prefer to follow the logic of big funds. Short-term fluctuations are emotional, but behind institutional entry is price logic.

$ETH At this price level, compared to the cost range of the past two years, it’s no longer high. As long as liquidity doesn’t shrink, altcoin rotations will eventually reach it.

Do you think this wave of $ETH can push above 1800? Or is this just another script to push the price up and then dump?
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