$ETH have a tight retracement and gave a flip over the key resistance area of $2403 - $2424. Price kept on bouncing off as the support zone, and its now inside the range again, and it very difficult to have the clear bias but short-term bullishness can be taken, $2525.
During the 2020–2022 market, Bitcoin investors realized around $550B in profit across multiple rallies, including two major waves. In the current cycle, realized profit has already reached $650B, surpassing the previous cycle’s sum total.
Currently, the market appears to be in a cool-down phase after the third significant wave of profit-taking, indicating that while large gains have been secured, momentum is now easing as realized profitability tapers off.
With Bitcoin near ATH, Long-Term Holders are showing increased activity, taking profits at $930M/day—just above levels seen at $73K. Still, it's below the $1.64B/day seen during the $100K breakout, suggesting profit-taking is rising but not at full scale yet.
$W finally tapped into the Listing Support Area of $0.0475 - $0.0609, and Strongly pushing. The pushing is not strong enough and due to strong downtrend in prices. The price can be drop from here.