I recently discovered an interesting on-chain phenomenon and want to share it with everyone.
The Ethereum staking and unstaking queue has now basically disappeared.
It might not sound like much, but upon closer thought, it’s quite significant. All the chips accumulated in the staking process earlier are now being withdrawn, and those who wanted to take them back have already left. What does this indicate? It shows that the selling pressure’s momentum has been completely exhausted.
Even more interesting is the situation on the other side.
The current queue to enter staking is ridiculously long. In the past ten days alone, a major institution has poured nearly 770,000 ETH into it. Currently, the number of people waiting in line to stake has exceeded 1,180,000.
What does this number mean?
It signifies that a typical long-short transition is happening. The bears have run out of bullets, while the bulls are holding plenty of chips.
Imagine this scene: yesterday, everyone was frantically throwing chips out; today, they suddenly all went silent. Meanwhile, those waiting to enter and scoop up chips have lined up from the door to the street. Can you guess what’s coming next?
But I’m not advising you to go all-in tomorrow. I’m just reminding you that this kind of change is worth paying attention to.
When the selling pressure of an asset diminishes and buying interest surges to unprecedented levels, it often signals the brewing of a new cycle. The market is always full of counterintuitive moments — when everyone thinks it’s over, opportunity might just be hiding in that very despair.
Remember this logic: when others are fearful, you should stay calm; when others are greedy, you should be cautious.
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BearMarketSurvivor
· 01-07 06:44
Has the release team disappeared? That's quite interesting. But with 1,180,000 ETH queued to enter... we need to see clearly whether institutions are betting or retail investors are chasing the high. History has shown me that when the supply line is at its longest, it's also the most vulnerable to being cut off. Being cautious is the right move.
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ThreeHornBlasts
· 01-06 23:20
Wait, the unlock queue has disappeared? So the brothers I withdrew earlier are considered to have made a profit?
The bears really have no bullets left, or are they just playing psychological warfare again?
1.18 million ETH are in line... we'll have to wait until the Year of the Monkey and the Horse.
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NFTHoarder
· 01-06 01:46
Airdrop team disappears, coin dumping team is fully loaded? This logic is a bit intense, is it true or false?
Wait, does this mean the bottom signal has appeared? Why do I feel like this kind of rhetoric happens every year...
118,000 ETH queued to enter? The big players' money really can't stay still.
Bottom fishing is always an art, and it might turn into a piece of art.
It sounds very nice, but I will still wait and see.
Is this the legendary "desperate bottom"? It feels the same as what I heard last time.
Bull and bear transition... just listen, don't really believe it.
The most annoying thing is the "opportunity is right in front of you" statement, isn't it the same in the end.
Over 1.11 million want to enter? Why do I feel like someone is trying to lure more?
Interesting is interesting, but who can guarantee that there won't be a reversal in the next second.
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GhostAddressHunter
· 01-06 01:33
The shorts really have no bullets left. This time feels different.
Wait, 1.18 million ETH are in line? That number is a bit crazy. What are the big institutions bottom-fishing for?
The key is that the unlocking queue has disappeared, indicating that those who wanted to run earlier have already done so. Now, those entering are the ones with intentions. This logic can indeed be seen.
Speaking of which, when was the last time so many people queued up to enter? I can't remember clearly.
It's just that I don't dare to go all-in, but this signal is indeed clear enough.
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ProxyCollector
· 01-06 01:30
Oh no, this wave of selling pressure has really been exhausted, it feels like the turning point has indeed arrived.
Wait, 1.18 million ETH lining up to enter the market? That number is a bit outrageous, be careful not to get caught by the vampires.
It's true that the shorts have no bullets left, but that doesn't mean we should rush in. Anyway, I'll just observe a bit more before making a move.
By the way, these bullish and bearish reversals always end in casualties, don't you think?
Looking for opportunities in the despair and ruins, I respect that saying, but I need to see that moment alive first.
So, should I enter now, or wait a bit longer for the next act of this show?
I recently discovered an interesting on-chain phenomenon and want to share it with everyone.
The Ethereum staking and unstaking queue has now basically disappeared.
It might not sound like much, but upon closer thought, it’s quite significant. All the chips accumulated in the staking process earlier are now being withdrawn, and those who wanted to take them back have already left. What does this indicate? It shows that the selling pressure’s momentum has been completely exhausted.
Even more interesting is the situation on the other side.
The current queue to enter staking is ridiculously long. In the past ten days alone, a major institution has poured nearly 770,000 ETH into it. Currently, the number of people waiting in line to stake has exceeded 1,180,000.
What does this number mean?
It signifies that a typical long-short transition is happening. The bears have run out of bullets, while the bulls are holding plenty of chips.
Imagine this scene: yesterday, everyone was frantically throwing chips out; today, they suddenly all went silent. Meanwhile, those waiting to enter and scoop up chips have lined up from the door to the street. Can you guess what’s coming next?
But I’m not advising you to go all-in tomorrow. I’m just reminding you that this kind of change is worth paying attention to.
When the selling pressure of an asset diminishes and buying interest surges to unprecedented levels, it often signals the brewing of a new cycle. The market is always full of counterintuitive moments — when everyone thinks it’s over, opportunity might just be hiding in that very despair.
Remember this logic: when others are fearful, you should stay calm; when others are greedy, you should be cautious.