$ETH up 85% from July lows. That's the bounce.
Context: We bottomed around $2.1k in July. Now sitting above $3.8k.
This is what happens when:
- Macro shifts bullish
- ETF flows return
- Layer 2s keep scaling
- Staking yields compress supply
Not a moonboy call. Just math. The dip buyers won.
Still underperforming $BTC on the ratio, but the setup is there. If $ETH breaks $4k with volume, we're in for a different game.
Watch the $4.1k resistance. That's where it gets real.
Context: We bottomed around $2.1k in July. Now sitting above $3.8k.
This is what happens when:
- Macro shifts bullish
- ETF flows return
- Layer 2s keep scaling
- Staking yields compress supply
Not a moonboy call. Just math. The dip buyers won.
Still underperforming $BTC on the ratio, but the setup is there. If $ETH breaks $4k with volume, we're in for a different game.
Watch the $4.1k resistance. That's where it gets real.