$ETH is heating up again, up nearly 50%, now hovering around $2,700.
What’s behind the move?
• Fees are way down (avg ~$0.84 vs $7 six months ago)
• Big buys from firms like Abraxas Capital ($477M in $ETH )
• L2s are helping keep things fast and cheap
But with RSI nearing 80, some say it’s getting overbought.Is $ETH gearing up for a breakout past $3K or due for a cooldown?