ETH's recent drop was really fierce.

Falling from above 2000 all the way down to around 1715, in just a few days, it directly pushed market sentiment to freezing point.
But a careful look at the chart shows that when the price hits new lows, funds are quietly flowing back in.
Main capital continues to flow in, with significant increased accumulation at low levels, indicating that some are exiting in panic, while others are collecting chips in panic.
Currently, the 1800 level is the biggest watershed.
Breaking above 1800, there’s a chance to continue challenging 1850 or even higher levels.
If 1800 cannot be broken, the market is likely to remain volatile and frustrating, continuing to drain market patience.
After each major decline, two voices usually emerge in the market:
One says the bull market is over.
The other says the opportunity has arrived.
And those who truly make money often don’t make decisions at the most extreme emotional moments.
Next, focus on the 1800 level.
This is not only a price threshold but also the core battleground that both bulls and bears will fight over next. #ETH