🔍 The silence of Ethereum may be the prelude to a new round of explosion!!!
On-chain data company Alphractal's latest insights indicate:
1️⃣ Selling pressure is slowing: ETH is still in a net selling area, but the Delta curve is stabilizing, which historically usually indicates that the bottom is near.
2️⃣ Volatility is coming: $4,400 has a high concentration of short liquidations; once broken, it may trigger a short cover wave; support is in the $1,700 area.
3️⃣ Improved risk-reward: The Sharpe ratio is rising, indicating that long-term investors' “cost-performance” opportunities are reappearing.
4️⃣ Neutral risk zone: NRM is 0.3969, in a non-overheated area, which is an opportunity for institutions and patient capital to position themselves.
📉 On the surface, it seems quiet, but there is agitation off-chain. Ethereum may currently be in an undervalued strategic window.
