@maxlincoln
ETH’s 37% Nov drop leaves valuation room—from $4200 to $2650, it’s possibly undervalued. Bitmine’s purchase and ETF inflows support repair, targeting $3800-$4000. But resistance at $3500 and $3800 is stiff. Liquidity tightness (110k liquidations) and 10 Fed dissenters limit momentum. A full repair needs 2-3 months of sustained inflows and clear Fed easing.
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