#以太坊投资机会 The recent on-chain data indeed warrants attention. The signal of whales continuously buying ETH itself indicates what—large funds are pricing in with concrete actions. From a risk-reward perspective, the current position is indeed a range worth considering.

But another voice also reminds us of some things. The kind of paranoia and crisis awareness that needs to be maintained within the ETH community is the true source of long-term competitiveness. Complacency is often the biggest enemy. Now is not the time to just look at the price to enter; what needs to be considered is the fundamental logic behind this investment—whether Ethereum is still leading in ecosystem development and technological innovation.

Short-term buy signals and long-term risk assessments are two different things. Whale buying reflects market sentiment, but the community’s vigilance and the ecosystem’s competitiveness ultimately determine the final return of this decision. It’s worth paying attention to, but with a questioning attitude.