$ETH

ETH: The market's uncertainty around $2840 is a gift. Don't fade this consolidation! Smart money is quietly absorbing supply, setting the stage for an explosive 12-24% surge in the next 1-6 weeks. The charts don't lie.

Signal: High-conviction swing trade on ETH. On-chain data continues to show a reduction in ETH supply on exchanges, indicating long-term holding intentions and decreased immediate selling pressure, despite recent price action. This supply absorption aligns with ETH finding strong support around the $2800-$2850 zone, forming a robust base for a potential rebound. Derivatives markets are showing renewed bullish sentiment, with an increased preference for call options as demand for ETH at these lower prices grows. This confluence points to an imminent breakout from current levels. Target 12-24% upside within 1-6 weeks, potentially reaching $3,180-$3,520 from the current approximate price of $2840.