Several Calm Observations After ETH's Plunge:
1️⃣ Indicators Oversold: RSI has entered the extremely oversold zone, and bearish momentum is waning.
2️⃣ Large Holder Movements: On-chain data shows that after dropping below $2,000, whale addresses have increased their holdings by over 500,000 ETH against the trend.
3️⃣ Liquidation Ended: This sell-off has cleared a large number of high-leverage longs, making the market structure healthier.
The fundamentals (L2 explosion, institutional ETF inflows) have not changed. Looking bullish when sentiment is at its coldest often yields the highest win rate. Hold your $ETH.
ETHUSDT
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