📉 ETH Still Missing One Key Ingredient

Ethereum hasn’t experienced a true global liquidity blow-off top in this cycle yet.

Historically, ETH tends to peak only when excess liquidity floods the system — and we haven’t reached that stage.

This means one of two things:

1️⃣ The cycle isn’t finished.

2️⃣ ETH’s biggest move may still be ahead once liquidity expands.

$ETH 👀🔥