We currently have the fear and greed index at 29 and at the same time ETH supply on exchanges dropped from 17.14M to 15.93M in the last 30 days.

Crypto Fear and Greed Index

The Crypto Fear and Greed Index is a popular tool used by investors and traders to gauge the overall sentiment in the cryptocurrency market. It measures the emotions and attitudes of market participants, ranging from extreme fear to extreme greed, and presents this on a scale from 0 to 100:

• 0–24: Extreme Fear
• 25–49: Fear
• 50–74: Greed
• 75–100: Extreme Greed

Why does It even Matter?

Markets are heavily influenced by emotions. When investors are fearful, prices tend to fall due to panic selling. Conversely, during periods of greed, prices often rise quickly as people rush to buy in, sometimes leading to unsustainable bubbles.

By tracking the Fear and Greed Index, traders can try to identify potential market reversals:

• Extreme Fear might signal a buying opportunity, as prices may be undervalued.
• Extreme Greed can suggest a market top, where a correction might be near.

How Is this Calculated

The index is based on several data points, including:

• Volatility (compared to historical averages)
• Market momentum and volume
• Social media sentiment
• Bitcoin dominance
• Google Trends data

"Extreme Fear might signal a buying opportunity" This is likely what we see going on as millions of ETH is being bought and removed from exchanges. at current speed there would be 0 ETH left to buy on exchanges in a little over 1 year.

So to me it signals that either the buying speed will cool off or we will see a bullish pressure on the price of ETH going forward.

In the last 6 months ETH dominance went from a low of 7.1% to a high of 14.6% and is currently sitting at 12.7% as this bullish pressure is forming.

What do you think will be the top price at EOY 2025?

What do you think will be the ETH price at 2030, 2035, 2040?

Comment and let me know what you think will be the price movement for the next 15 years.
It would be fun to hear how people have different approaches to the ETH hording aswell if there are people doing that here for long term plans.

personally i think we will see a huge climb for the next 5 years. but who knows….