Ethereum: Mixed Signals — Watch for Institutional Accumulation and Large Seller Rotation
I see Bitcoin and Ethereum pulling back after recent highs while macro cues from the Fed suggest potential rate cuts later this year — a generally supportive backdrop but not yet a clear buy signal.
On-chain activity is mixed: a large 7,000 ETH sale indicates holder rotation, yet BitMine’s sizable accumulation and institutional moves (ETF filings, mining financing, IPO activity) point to continued institutional interest.
I’m watching for consolidation and clearer follow-through before increasing exposure; the market looks poised for selective entries rather than broad risk-on buying.
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The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.