HenryInsights

Ethereum is now trading below its realized price.
Historically, this has been one of the areas where some of the strongest long-term opportunities have started to appear.
But that doesn't automatically mean the bottom is in.
Here's why. 👇
In previous market cycles, Ethereum's major bottoms were supported by five key on-chain signals.
Right now, only **2 out of those 5** have triggered.
That tells us two important things:
→ ETH is trading in a zone that has historically been undervalued.
→ The market still hasn't confirmed a full cycle bottom.
So what does this actually mean?
• Fear is still d

Gm

This chart shows the market cycle $BTC has followed repeatedly over the years.
1. Accumulation
2. Mark Up
3. Distribution
4. And now... Mark Down.
If this cycle repeats once again, the biggest decline could still be ahead.

Michael Saylor hints at buying more Bitcoin.
"What's next?"