Just when the market flushed long positions below $1735, whales used this dip to accumulate Ethereum. The liquidation heatmap clearly shows strong buying interest forming between $1698 - $1662, indicating a possible bottom zone.
But here’s the REAL reason why you shouldn't ignore ETH right now:
Ethereum is on the edge of U.S. regulation clarity!
Reports suggest that Ethereum could soon be officially classified as a commodity, just like Bitcoin. This could be a game-changer, opening doors for:
Institutional investments
Spot ETH ETFs
Legal clarity for builders and DeFi protocols
What does it mean for price?
Once regulation is confirmed:
Retail + Institutions will FOMO
Whales will no longer suppress the price
ETH can easily rally back to $2000 and beyond in a short span
Right now, Ethereum is undervalued and sitting in a whale accumulation zone. This might be the last chance to get in before the rocket takes off.
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$ETH
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