🚨 INSIGHT: $ETH is gearing up for a major bull rally after a multi-year accumulation phase. The technicals and on-chain data are aligning. 📈🔥
🧠 Technical Breakdown:
• MACRO Breakout from 2.5-year descending wedge ✅
• Weekly RSI > 60 — strong bullish momentum 💪
• 200W MA holding as support (~$1,850) 🛡️
• Golden Cross on daily chart (50D MA > 200D MA) ⚡
• Volume Surge: Highest weekly trading volume since early 2022 🚀
📊 Key Stats:
• Over 27.2M ETH now held by long-term holders — ATH 💼
• Exchange supply hits 5-year low — bullish supply squeeze 📉
• Staked ETH surpasses 33M ETH (~27% of total supply) 🧱
• Network Activity: Daily active addresses up +38% in 3 months 📈
• Gas fees remain low — signaling healthy, efficient usage
ETH may be on the verge of its next macro leg up. Don’t blink. 👀
#Ethereum #ETH #Crypto #Binance #BullRun #Altseason #Ethereum #ETH #Crypto #Binance #BullRun #Altseason #TechnicalAnalysis
