๐ Ethereum Has Been Ranging For 66 Months โ And The Weak Zone Is Exposed
2000 days of accumulation between $1,000 and $5,000.
That's a lot of bags. ๐
๐ก The Key Observation:
๐ Range: $1,000 โ $5,000
โฐ Duration: 66 months / ~2,000 days
๐ฐ Massive bag accumulation in this zone
โ ๏ธ Weak zone identified: ~$400
๐ The Bearish Case:
๐ฏ Target before February 2027: $500
๐ด $400 area = significantly weak support
๐ If that zone breaks โ very little holding price up
๐ง Why This Matters:
66 months of ranging = exhausted holders
Weak zones below current price = real downside risk
February 2027 = critical timeline to watch โณ
This is not a popular take.
But the chart doesn't care about popularity. ๐ฏ
โ ๏ธ DYOR โ Not financial advice. Bearish analysis only.
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