Ethereum isnāt showing weakness ā what weāre seeing is a calculated shakeout.
After rallying to $4,788, $ETH is now retracing, pulling back near $4,138. Many mistake this for a top, but in reality, this is the market flushing out excessive leverage and weak hands before setting up for the next historic run.
š On the daily chart, the RSI sits at 38.38, approaching oversold territory. Thatās not a sell signal ā itās a signal that momentum is priming for the next move. Pullbacks like this are high-conviction entry zones, not exit points.
š Remember ā whales and institutions donāt dump into oversold conditions. They accumulate while retail traders panic.
š Ethereum isnāt just another token; itās the worldās decentralized supercomputer. Its value is grounded in fundamentals, not fleeting hype.
š History shows us that reversals from these levels are often sharp and unforgiving. A breakout above $5,000 is coming ā and those who sold in fear today may find themselves buying back at $5,200 or higher.
This isnāt the time to capitulate. Itās the time to hold strong, recognize the opportunity, and position for what comes next.
š The throne is secure. The next chapter for Ethereum is only beginning.
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