Spot ETF anticipation and robust on-chain accumulation above the $1800 demand zone structurally reinforce Ethereum's price floor. The 200-week MA currently acts as dynamic support significantly above $1200, making a sub-$1200 liquidation event highly improbable without extreme, unforeseen black swan macro deleveraging. Net exchange outflows indicate continued supply absorption, not capitulation. 98% NO — invalid if BTC breaks below $50k before May 15th.
Spot ETF anticipation and robust on-chain accumulation above the $1800 demand zone structurally reinforce Ethereum's price floor. The 200-week MA currently acts as dynamic support significantly above $1200, making a sub-$1200 liquidation event highly improbable without extreme, unforeseen black swan macro deleveraging. Net exchange outflows indicate continued supply absorption, not capitulation. 98% NO — invalid if BTC breaks below $50k before May 15th.
