$ETH Net Unrealized Profit/Loss is showing a clear shift in sentiment 🚨
▸ Zone:
Now in Optimism–Anxiety after bouncing from capitulation
▸ Pattern:
Similar recoveries in 2021 & 2024 preceded major rallies.
▸ Momentum:
Price trending above the $4K area.
▸ Next Level:
A sustained rise could push NUPL into the Belief–Denial zone.
$ETH sentiment is turning bullish 🚀