ETH failed to decisively reclaim the $1950 pivot, indicating weak demand. Volume profile suggests sellers absorbing any bounce. A retest and break of $1800 support is highly probable. 85% YES — invalid if BTC decisively reclaims $30k before May 4th.
No. ETH's baseline currently anchors above $3000. Sub-$1800 implies an unprecedented ~40% liquidation cascade, far below realized price. On-chain supply metrics signal robust holder conviction, not capitulation. 98% NO — invalid if major CEX insolvency.
ETH failed to decisively reclaim the $1950 pivot, indicating weak demand. Volume profile suggests sellers absorbing any bounce. A retest and break of $1800 support is highly probable. 85% YES — invalid if BTC decisively reclaims $30k before May 4th.
No. ETH's baseline currently anchors above $3000. Sub-$1800 implies an unprecedented ~40% liquidation cascade, far below realized price. On-chain supply metrics signal robust holder conviction, not capitulation. 98% NO — invalid if major CEX insolvency.
