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Haha, based on recent performance, ETH does look a bit like a "discarded crown prince."
Looking at the current market:
BTC is still hovering around 70k
LAB, H these altcoins are soaring by dozens of points every day
MEME coins are taking off one after another
ETH, on the other hand, has fallen from 2040 down to 1966
Funds clearly aren't flowing into ETH.
From this heat map:
🔴 Large sell walls are stacked around 2030-2050 above
🔴 There are buy orders around 1960 below
Currently stuck in a weak oscillation in the middle.
Key short-term levels:
📍 Support at 1960
📍 Resistance at 2030
If it breaks below 1960:
Next support might be around 1900.
If it recovers above 2030:
There’s a chance to challenge the 2050-2100 range again.
But ETH’s problem isn’t technical.
It’s a liquidity issue.
The market is playing out:
Bitcoin sideways → Altcoins frenzy → ETH being drained
That’s why everyone feels:
Buying ETH isn’t as good as buying altcoins, trading ETH isn’t as good as watching the show.
But historically, each altcoin season has a pattern:
Initially, everyone complains that ETH isn’t rising,
Once ETH starts moving,
Funds flow back from the “monster coins” to ETH.
If I were to make a post:
ETH: Once the leader, now the hype crew
LAB doubles in two days,
H gains dozens of points in a day,
ETH still fluctuates around 1970.
Others are in the main upward wave,
ETH is just in a health-preserving phase.
But the market’s favorite move is:
Suddenly pumping ETH when everyone looks down on it.
More and more people are calling it the discarded crown prince now,
But be careful—it might suddenly turn back into the crown prince someday. #ETH