Vitalik Buterin, the founder of Ethereum, expressed during a live broadcast: "I am very worried that the future of these US stock companies in the Ethereum treasury will lead to the decline of ETH. The fundamentals of ETH have not changed during this wave of rise; both institutions and retail investors understand that this is just a story of stepping on the left foot and the right foot, spiraling upwards. Whenever the ETF funds and ETH treasury companies can no longer buy, the price will fall. This can be seen from the performance of ETH over the weekend; without institutional activity and liquidity on the weekend, ETH performed even weaker than BTC. The ETH treasury companies are like Viagra; once the medicine stops, ETH will immediately lose its power."



Although ETH is currently referred to as a "water buffalo" due to the capital injection from several major players, a water buffalo is still a buffalo. As long as one can liquidate in time before the bubble bursts and see through the essence of the market, it will be more beneficial for our operations.
ETH-2.96%
BTC-1.05%
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GateUser-faa22035vip
· 16h ago
Why sing pessimistically right from the start? Is it because one understands too clearly or not clearly enough?
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Happiness125vip
· 08-17 08:38
It's obvious that BTC funds are being converted to ETH, why are you so funny?
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