What if we are just in Eth denial phase, in the middle of a massive downtrend?
At the moment Eth seems to be drawing an huge bear flag.
Still remember last bear market a fall from 1500 to 75 dollars. 90% drop.
Why would it be different now?
ETH Foundation sold 15.000 ETH this month and they normally sell it at local tops.
It looks like 3 digits on the horizon.
Good luck!