$ETH is starting to look interesting again, and this move feels bigger than just price action. The SEC’s Aug. 18 proposal for a clearer crypto framework could reduce some of the regulatory uncertainty around the sector. Meanwhile, DeFi majors are building stronger value-accrual narratives, with UNI burns, Lido’s buyback mechanisms and Aave V4 expansion putting ecosystem fundamental back in focus. The chart seems to be reflecting that shift. ETH broke out of the $1925 area and displaced aggressively to $2,328, confirming a bullish 4H structure. But after an almost vertical move, I’m not chasing at ~$2,247. I’d rather see a pullback toward $2,090 - $2,140, where the displacement zone overlaps with the broader Fib retracement area. A liquidity sweep followed by bullish MSS would make continuation toward $2,250 and $2,328 much more interesting. Alternatively, a clean 4H break and retest above $2,328 could open another continuation setup. With ETH, $UNI , LDO and AAVE all seeing stronger price and volume activity, execution matters if this rotation accelerates. I’m using Bitget here mainly for the liquidity and having all four assets accessible in one place, so entering or exiting during higher-volume moves is simpler.For now: bullish bias, but patience over FOMO.
