$ETH dropped from $2,800 to $2,300 this month — 18% haircut, classic altcoin volatility.

But I'm still holding conviction for $10k $ETH long-term.

Here's the thing: pullbacks don't kill the thesis. They test it. $ETH at $2,300 is just noise in a multi-year cycle. The infrastructure's still building — staking yield, L2 scaling, real institutional adoption through ETFs incoming.

Short-term? Yeah, it's ugly. Macro's heavy, risk-off flows are crushing alts, and $BTC dominance is climbing. But zoom out — we're setting up for the next leg higher into 2027–2030.

If you believe in the cycle, this is accumulation range. If $2,200 holds and we reclaim $2,500, that's your re-entry confirmation. Invalidation? Sub-$2,000 and we're in deeper trouble.

I'm not calling the bottom here, but I'm not fading the long either. $10k $ETH isn't a meme — it's the target when this market actually turns on.