#VoteToDelistOnBinance ETH/BTC Breaks Key Support, Ethereum Reversal Imminent, Next Step Towards New Highs?

Explosive news in the crypto world! The price of Ethereum (ETH) is approaching the key support level of ETH/BTC, returning to the buying range from the end of 2020, and the descending triangle trend may be coming to an end! On March 21, the open interest in ETH futures soared to a historical high of 10.23 million ETH, with leveraged trading frenzy intensifying and increased market activity suggesting a rebound is on the way. Whales are splurging 270 million dollars to hoard ETH, daily active addresses surged by 26%, and FOMO sentiment is fully ignited! If you miss this reversal opportunity, you might regret it deeply!

Data is solid: 10.23 million ETH open interest + 50% drop in fees, signals are locked in!

Technical indicators are impressive! ETH/BTC dropped to the starting point from Q4 2020, a breakout is expected on the support side. Open interest in futures rose by 15%, but the premium dropped from 5% to below 4%, indicating a cooling of leveraged long enthusiasm, and the market remains neutral and watchful. However, a double-edged sword appears on-chain: network fees fell by 50% over 7 days, mainnet income shrank from 2.5 million dollars to 605,000 dollars, with layer 2 transaction volumes being segmented, weak demand versus whales buying the dip. The HODL community is rising rapidly, and this bottom could be a prelude to a breakout!

Rebound window opening: Binance hot war has begun, get on board quickly to reach new highs!

If ETH/BTC holds support, altcoins are poised for a rebound! Exchanges like Binance and Gate.io are questioning the dominance of futures, and trading volume is about to explode. Whales hoarding coins + soaring address activity can build momentum in the opposite direction, with a short-term target set for new highs! Solana and Avalanche are under pressure, but ETH’s king status remains unshaken. Brothers, ask yourselves: Are you ready to charge with Zuyé? Follow + Zuyé live stream for real-time updates on ETH's reversal!