$ETH has not broken below the 0.786 Fibonacci level. While a decline did occur, it remains within a very reasonable range. The retracement following the rally has been minimal. The $ETH is currently consolidating and building momentum in this zone. Public mainnet is live for Circle’s Arc network. Arc is built around USDC from the start: payments, settlement, tokenized assets, and institutional rails. BlackRock, Visa, Mastercard, and DTCC sit among the founding validators. Circle booked $701M in Q2 revenue, with reserve income still at 95.2%. More USDC utility is the upside. Recurring platform revenue is the test. $CRCL is on my watchlist via BingX. #BTC Price Analysis# #Meme Alpha#