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Over $8.4 billion worth of ETH is queued for staking!!
The withdrawal channel is empty, and this spectacular scene of only entering and not leaving, large funds are疯狂锁仓 to gain long-term benefits. Trust in Ethereum's security has been fully established, and the market's shrinking effect is becoming increasingly evident.
Prices have stabilized at a key support level. Although short-term funds are somewhat volatile, the bulls still hold the dominant position. The tightening circulation caused by the locking trend is quite good. While there are some disagreements about short-term fluctuations, the overall bullish sentiment has become mainstream.
As long as ETH holds the key support at 2800, it is highly likely to push higher later, with the February target directly at 3770. Steady and cautious, continue to be bullish until hitting the stop-loss level. If it breaks below 2800, don’t be stubborn—exit if necessary! #Gate广场创作者新春激励 $BTC