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Don't remind me again today

SatoshiHeir

2025-11-30 22:20:41

28.4 billion USD poured into ETH, but the price remains stagnant? The comment section is already filled with despair, with various voices saying "it's all over" and "it's time to rug pull" rising one after another. However, over the years of watching the market, I've noticed that it loves to teach lessons at times like these.

Let’s talk about yesterday's market. BTC was like it was drunk, jumping around with a fluctuation of 6000 USD, those with weak hearts would need fast-acting heart-saving pills. In contrast, ETH? It was as steady as an old official practicing Tai Chi within a fluctuation of 200 USD. Do you think this is weakness? Quite the opposite.

If no one wanted it, it would have already plunged along with BTC. The fact that it can remain stable under such heavy selling pressure only means one thing – there are people frantically buying at the bottom. This "strength in weakness" has a specific name in technical analysis: strong consolidation. Historically, this pattern often indicates a brewing significant market movement.

On-chain data is more interesting. The long-term locked amount of ETH has surpassed 28 million coins and is still increasing. The logic behind this number is simple: a large number of holders have locked their coins into staking, DeFi, and other long-term channels, and have no intention of selling in the short term.

What does a decrease in sell orders mean? It means that the supply side is tightening directly. It's like closing the gates of a reservoir to store water; when the gates are suddenly opened at a certain point in time, the impact of the water flow will be much greater than usual. The current ETH may be in this accumulation phase.

The market loves to punish those who are anxious, and it loves to reward those who can understand. Whether this phase of sideways movement is a trap or an opportunity, time will provide the answer.

ETH3.99%

BTC0.21%

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SandwichTrader

· 13h ago

Bro, 28.4 billion thrown in and it didn’t budge at all. Looks to me like it’s quietly building up strength. Buying at the bottom is definitely interesting, with locked positions breaking 28 million—these guys aren’t worried at all. A couple of days ago, I was spooked by BTC, but then I looked at ETH holding steady like a rock. Now I get what real strength means. --- Yet another “time will tell” story. I’m betting this round is about to take off. --- Wait a sec, why does this logic sound so familiar? Didn’t we analyze it the same way last year? --- Tightening on the supply side makes sense. Now it’s just a matter of whether they’ll really open the floodgates later. --- Honestly, times like this really test your nerves. The ones who panic-sold must be kicking themselves right now. --- Strength in weakness—it sounds like we’re just trying to hype ourselves up, haha.

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CryptoWageSlave

· 12-03 07:10

28.4 billion entering the market and it's still consolidating? That means there are definitely whales accumulating at the bottom. If you’re not in a rush this round, you’ll really profit. --- The Taiji old cadre analogy is perfect, haha. When BTC is bouncing up and down, ETH doesn’t move at all—there’s really something to that. --- 28 million locked and still increasing? That means short-term selling pressure won’t be too strong, that’s what supply tightening looks like. --- Honestly, every time during consolidation is when I hear "it’s dead" the most, but that’s exactly when mindset is tested the most. --- Strength within weakness—that’s a concept I need to remember. Feels like it can be used to judge a lot of coins. --- But what if this time it really is a trap? No one can be 100% sure, right? --- The reservoir gate analogy is so good, but only if the gates actually open... --- This round, I’m just waiting for a real sign of a supply crunch. Just looking at the data isn’t enough.

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SchrodingerWallet

· 12-02 20:14

Are you trying to play me for a sucker to enter a position? Putting in 28.4 billion is like not putting in at all, my blood pressure can rise to 300. But speaking of which, this kind of sideways movement is indeed a bit strange, those who are buying at the bottom are really tough. Wait, did you say a lock-up position of 28 million coins? Then the supply is really tightening up. If I get played for suckers again this time, I'll cancel my social account.

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AlphaBrain

· 11-30 22:50

I admire this analysis from my bro. It's clear that buying at the bottom is understood, now it just depends on whether it can rise back.

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ContractSurrender

· 11-30 22:50

I think this analysis is a bit excessive. Investing 28.4 billion without any price movement, to put it bluntly, it’s just dumb buyers exchanging hands with each other. Can sideways be called strong? Then I can call it "accumulation"; anyway, if it can’t rise, anything can be said. 28 million locked-up coins sound impressive, but the real large investors have long since left, and what's left are just trapped suckers deceiving themselves. Those who understand have already sold. Those still telling stories here are most likely just trying to bring in the last batch of dumb buyers. Time will give the answer? Time will only prove it’s yet another round of playing people for suckers.

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BackrowObserver

· 11-30 22:48

I've heard this logic too many times, each time it's said to be building momentum, but the result is... Buying at the bottom? How many of the 28 million coins in lock-up position are cut loss forced stakes? That being said, BTC is plummeting wildly while ETH can still hold up, which is indeed interesting. I'm just afraid this time it's really a trap, and the trapped ones are all waiting for this wave of rebound to breakeven. Let's wait and see, after all, sideways must come to an end.

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Ser_This_Is_A_Casino

· 11-30 22:47

Wow, can 28.4 billion be so stable? There are definitely some strong players at the bottom. Don't listen to that group screaming in shock; they should have died long ago at this level of weakness. Goodness, the 28 million locked-up coins are still increasing, which shows they are not in a hurry at all. Let's just see when the supply side will open the floodgates; that's what we should be looking forward to. I've seen this kind of shape before; it's either a complete collapse or an explosion, there is no third option in between. The gambler's mentality loses the most money; the consolidation period tests patience the most. Wait, do you really believe there are crazy buyers at the bottom? Inactivity leads to inactivity, what are you waiting for? The moment it smells good? When BTC plummeted by 6000, I almost had a heart attack, while ETH remained calm. Being able to understand and being able to leave are two different things, brother. I bet this wave is gathering strength, not betting on what the result will be.

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AirdropHustler

· 11-30 22:44

28.4 billion thrown in without moving, I think this is just accumulation at the bottom, don’t panic I believe in this strong consolidation, the 28 million coin lock-up position is just here If it were a rug pull, it would have jumped with BTC long ago, now staying horizontal indicates something fishy Just wait, time will prove who the smart ones are

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