⚠️ $ETH is falling: Calm before the storm or a wake-up call? 🧊💥
$ETH broke the level of $3,600 — down 6.98% in 24 hours.
📉 The market is frozen: investors are panicking, traders are hunting.
But what is behind this movement really?
🔍 What do we see on the chart?
Break of key support at $3,600
Increase in selling volumes
RSI approaching oversold territory
Network activity is weakening
📊 Possible reasons for the drop:
Mass exit of positions before the weekend
Decrease in interest in ETF news
Capital is flowing into BTC and meme coins ($PEPE , DOGE)
🧠 Interesting: Some large addresses are not selling,
but rather accumulating. This could be a signal that smart money sees the price below $3,600 as an entry point.
💬 My perspective:
This drop is not a verdict, but a test.
Ethereum is not just a token. It is the foundation of DeFi, NFT, L2. And such corrections are part of a larger cycle, not its end.
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