🧐 The number of ETH queuing up to exit the Ethereum PoS network has soared again, now exceeding 1.57 million, is it a bearish signal? Here's a good question: In fact, the surge in Ethereum's exit queue cannot be directly regarded as a single up-and-down signal, but should be viewed in combination with market sentiment, capital flow, and on-chain behavior. In addition to queuing up to exit, there are about 815,514 ETH waiting to join the network, worth about $3.516 billion, indicating that some people are also optimistic about long-term gains. So it is not a unilateral negative signal, but a manifestation of market differentiation: some funds want to cash out, and some funds want to lock up positions for a long time. So how do you see the impact on the market? If the price of ETH exits the queue skyrockets at the same time as large net inflows into exchanges, this is bearish; If the withdrawn ETH mainly flows into Lido, EigenLayer, and DeFi protocols, it is beneficial because it...
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