The best top-indicator: So far the Ethereum Foundation was able to perfectly sell the top each time, we gotta learn from them.

If there is one thing we all probably want equally, it is not some superhero power or some intelligence or some other power, it is just simply the one power to perfectly time each top and each bottom in Crypto. There are so many tools in this that try to do exactly that, like TA or even on-chain analysis, but none of them were able to perfectly or even near-perfectly do that.

But there is one quite surprising entity/organization that was actually pretty spot-on to call each top for at least their very own asset, the Ethereum Foundation.

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All sales of the ETH Foundation from over $5M, chart from James V.Straten

Just today (as of this writing) we heard the news of the Ethereum foundation selling just below 2k ETH, which is actually nothing compared to the market volume of ETH and also won‘t have any direct effect on the price. Though it is quite remarkable to look at their previous sales: Barely a handful of sales in each bear market, while we got many sales as we near our bull market top.

Their strategy seems to be quite spot-on and has perfectly timed the top on ETH like probably no other, which makes sense as it is literally their own ecosystem and no one understands ETH better than they do, no TA or crystal ball.

But this post should not be some kind of hit-post on the ETH foundation, it is in their full right to sell their assets and they probably have to do it to just cover their expenses and keep building on, there is literally no FUD about it and we should not think otherwise.