#Ethereum
📉 Ethereum: 2018-style capitulation or hidden opportunity?
Ethereum is at a critical psychological and technical crossroads. The price can’t hold above $2,000, and the market is showing signs of a deep correction that we last saw in September 2018.
🔑 What you need to know:
• Whale bottom collapse: $ETH is currently trading below the Realized Price of all major whale categories. This means that even big players, who are usually “immune” to volatility, are now in the red.
• 2018 parallels: Historically, this market condition indicates a late stage of a correction. This is a “cleaning” phase, when weak hands are exiting the market and excess leverage is being eliminated.
• Technical vulnerability: The weekly chart looks worrisome. Former support levels have turned into resistance. The next critical support zone is $1,800–$1,900.
💡 What’s next?
This doesn’t necessarily mean an immediate upside reversal. Rather, we are entering a phase of prolonged stabilization and redistribution.
