$ETH Range Set Up 👀

→ Price holding $2,100 support. Defended multiple times in recent weeks
→ RSI at 39 — bearish lean but not oversold
→ 410,000 $ETH accumulated by whales in Q1 despite market drawdown
→ DeFi TVL near ATH in $ETH terms (25.3M)

$2,400 is the resistance to reclaim which would push it over the 200W MA

Some other factors at play ⤵️
→ CPI data tomorrow is the next volatility trigger
→ Tense geopolitical situation = market uncertainty
→ Fear & Greed at 12. When the index is this low and onchain is this strong, history says pay attention

Last note: keep your eyes on $ETH / $BTC to look for a clear shift in alt szn

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