Watching $ETH absorb eight months of selling pressure in four days tells you something about how quickly sentiment can flip.
That violent 30% surge in late August never gave back ground. Now we're back at January levels, and the entire bear phase has been swallowed whole.
Shorts got crushed. The path of least resistance has reversed.
If Ethereum clears $3,000 and holds it, the psychology shifts from survival mode to expansion mode. That's when new all-time highs above $5,000 stop being a fantasy and start being a reasonable expectation within this cycle.
Markets don't move in straight lines, but they do move in chapters. This one might be turning the page.
That violent 30% surge in late August never gave back ground. Now we're back at January levels, and the entire bear phase has been swallowed whole.
Shorts got crushed. The path of least resistance has reversed.
If Ethereum clears $3,000 and holds it, the psychology shifts from survival mode to expansion mode. That's when new all-time highs above $5,000 stop being a fantasy and start being a reasonable expectation within this cycle.
Markets don't move in straight lines, but they do move in chapters. This one might be turning the page.
