Ethereum's recent activity, as acknowledged by crypto-native Galaxy, suggests reduced activity, which I interpret as bearish confirmation.

Ethereum's recent activity, as acknowledged by crypto-native Galaxy, suggests reduced activity, which I interpret as bearish confirmation. Institutional money flowing into ETH spot ETFs may fuel a liquidity-driven rally, but this doesn't change my fundamental view. Retail narratives, such as those presented by Benzinga, reinforce my skepticism. I observed multiple attempts at liquidity-driven rallies, which I believe will ultimately fail due to lack of fundamental support.