ETH currently holds above $3,100, well clear of the $2,500 threshold. On-chain analysis indicates robust whale accumulation above $2,900, reinforcing a strong demand wall. Exchange net flows remain negative, signaling HODL conviction, not distribution. Implied volatility (DVOL) shows no tail-risk pricing for a sharp downside move. A 20%+ capitulation in 6 days is unsupported by current market structure. 98% YES — invalid if BTC breaches $58k.
ETH currently holds above $3,100, well clear of the $2,500 threshold. On-chain analysis indicates robust whale accumulation above $2,900, reinforcing a strong demand wall. Exchange net flows remain negative, signaling HODL conviction, not distribution. Implied volatility (DVOL) shows no tail-risk pricing for a sharp downside move. A 20%+ capitulation in 6 days is unsupported by current market structure. 98% YES — invalid if BTC breaches $58k.