Both the ETH ETFs and ETH treasury companies are buying up many multiples of the newly issued ETH each day (some days its a 50x+ multiple)! But this misses something even more bullish: the newly issued ETH is rewarded to stakers - it does not automatically hit the market - so the real effect of the net buy pressure is even greater. There is an ETH supply shock brewing that is going to catch absolutely everyone off-guard - I'm talking a god candle that you're going to be telling your grandkids about. Extremely limited supply meets extreme demand - you are not bullish enough.