In my opinion, it is never a smart time to buy ETH, but I know greedy and stupid people like to, so in September right before the merge I was warning .eths that it is a terrible time to be holding eth. They didn't listen, the merge succeeded but eth price crashed.
Then I warned them that staked Eth would be considered a security, as it is most clearly an investment contract. They didn't listen and said it was "maxi cope" and I was "cheering for regulation".
Now I am warning them again that holding eth prior to the unlock is completely moronic and they aren't listening again. It is very clear that eth whales are pumping OI to stabilize prices while selling spot. Their game got interrupted by Gensler's announcement but I see they are back on track today with OI climbing and price moving up aggressively despite a soft day in the market.
Traders and .eth bag holders are exit liquidity for the whales again. When will they learn?