A short-term signal you need to pay attention to for Ethereum: A large number of validators are lining up to exit! The Validator Exit Queue for $ETH has suddenly surged. This means more and more staked ETH is waiting to exit the validator system and return to freely circulating ETH. In the short term, this is definitely something to watch out for. Because: Exiting staking ≠ Definitely selling, But once ETH exits staking, it regains the possibility of being sold. If a large amount of ETH is unstaked simultaneously and flows into exchanges, it could create additional potential selling pressure. But don’t interpret this chart as: "Validators exiting = ETH is going to crash." What really needs to be tracked is the next steps: Exit Queue surges → ETH unlocks → Does it flow into exchanges → Does it actually create spot selling pressure. The first two steps are just "potential supply increase," but the last step is where real selling pressure happens. So in the short term, I’d consider this data as one of the risk signals for $ETH, but the long-term logic is a completely different story. Short-term supply pressure doesn’t mean the long-term trend is over. If we see the exit queue start to decline, while $ETH price holds steady and exchange net inflows don’t spike, That would actually mean: The market has absorbed this batch of potential selling pressure. No need to guess right now. Keep an eye on Validator Exit Queue + Exchange Netflow + ETH Price. What truly matters isn’t how much ETH gets unlocked, but how much of the unlocked ETH actually gets sold. Always analyze responsibly with your positions.