Brothers, the market has just undergone a bloody washout. Bitcoin has fallen below $86,000, and Ethereum (ETH) has lost the critical support of $2,900, with astonishing liquidation across the entire network.
$ETH
But beneath the surface of panic, on-chain data reveals three shocking reversal signals, pointing to a severely undervalued golden pit.
Signal 1: The supply crisis has reached its peak.
Data shows that Ethereum's exchange reserves have plummeted to a historic low of 13.3 million coins. Whales are frantically withdrawing coins from trading platforms. What does this mean? The circulating supply available for sale is drying up, and a potential 'supply shock' is ready to unfold.