🐻 Market sentiment is bearish, but #Ethereum#’s chart still gives reasons for hope.

✅ With only minor deviations, $ETH continues to follow the Wyckoff reaccumulation pattern ;
✅ There’s a potential PO3 setup forming on the LTF within the BU/LPS zone of the Wyckoff structure ;
✅ The 50 SMA (at BU/LPS as well) may provide additional support to prevent a deeper drop ;
✅ On the 1D timeframe, we have a confirmed Bullish Divergence on RSI ;
✅ The Fear Index has stayed below 30 points for over a month.

Additional notes:
✅ A record level of position liquidations recently occurred — something that often happens right before strong upward impulses ;
✅ Price has reached the lower Bollinger Band boundary ;
✅ Seasonality is also in favor of growth — winters (especially toward the end of a cycle) have historically been the most profitable periods.

🐋 Overall, I see no reason to exit positions under these conditions. The more negative the sentiment now, the higher #ETH — and altcoins following it — are likely to fly.