The post highlights Vitalik Buterin’s recent Ethereum sales and their market context:
- Total ETH sold since February 2: 10,723 ETH (~$21.7M), with average price ~$2,027.
- Accelerated selling occurred Feb. 21–24, with 3,765 ETH (~$7.08M) liquidated.
- Technical patterns show a bear flag breakdown and death cross formation, signaling ongoing market weakness.
Tell us what you think Vitalik Buterin might do next 👀
I usually ignore new Layer 1 launches because most of them promise the same thing. Fogo felt different to me. It is not trying to power games, NFTs, payments, and everything else at once. It is clearly built with trading in mind. That focus shows in how it talks about execution, order flow, and consistency instead of just TPS numbers.
Running on the Solana Virtual Machine also makes sense. Developers do not need to start from scratch. If trading is the main activity onchain, then optimizing for it feels practical. Whether it scales long term is uncertain, but the direction feels intentional and grounded.
@fogo $FOGO #fogo
📊#ETH Support Update💎
🧠The market is behaving worse than expected. Instead of a strong upward trend, we've seen a slow, gradual decline, which is very dangerous and often precedes a significant drop. Therefore, we need to be wary of this scenario! If BTC tests the low of February 6th, ETH will only fall further!
➡️Therefore, I cancelled my long position strategy near 1780. The market has already tested the support near 1800 and provided feedback. This should only be considered a scalping opportunity. If a good profit appears, it's necessary to set a risk-free stop-loss or reduce holdings promptly!
➡️If a further pullback occurs, the support level we should pay close attention to is around 1580! Place your stop-loss outside the overlapping area!
Let's see 👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ETH
{future}(ETHUSDT)