1. What I remember most is that there was a lot of FUD about ETH at that time. It seemed that X and mainstream news organizations were all singing the bad news about ETH and the good news about SOL, saying that Ethereum was not good at this and that it was finished.

It seems that netizens have also made Vitalik very upset. What about the Ethereum Foundation selling again? I checked it out. From January 1, 24 to the last sale on October 23, the Ethereum Foundation sold a total of 4,066 ETH, worth about 11.24 million US dollars.

No, friends, I want to say, this 11.24W is nothing!

2. There is also an emotional impact, which is the inflow and outflow of Ethereum spot ETF.