This current phase is not a sign of exhaustion; it is the market strategically absorbing that huge momentum. It is a necessary pause to build a new platform for the next chapter of price discovery.
The evidence is clear: the RSI has reset to a healthy 58.68, perfectly recharging the engine without showing weakness. The decrease in volume during this pullback confirms that selling pressure is insignificant compared to the buying strength that drove the initial launch.
Strategic accumulators are not deterred by this pause and are using it to methodically build their main positions.
The value of Ethereum is not only reflected in the chart; it is the foundation of a new digital economy. This price action is just beginning to adjust to that reality.
💥Once this phase of reaccumulation is complete, the momentum towards $5,000 will invalidate this entire correction in a matter of hours.