Ethereum's Supply Squeeze & Support Retest

$ETH is making moves! After a slight pullback from the $4K resistance, it's retesting the 3500−3500−3700 range as potential support. On-chain data shows the exchange supply ratio hitting multi-year lows, a historically bullish sign. Less supply on exchanges = more conviction. Keep watching this zone for confirmation of the next leg up. 📈⛓️ #Ethereum #ETH #Crypto