Ethereum fell 6.2% last week but steadied with a slight 0.1% rise. Data shows short-term holders are buying again, lifting ownership sharply. SOPR dropped near breakeven, often signaling local bottoms. Charts reveal an inverse head-and-shoulders pattern, with a breakout above $4,443 pointing to $4,770. If ETH slips below $4,207, the bullish case weakens.