
ETH's Relief Rally: Why Extreme Fear Is Not the Same as Proof
In the chaos of a market that just punished its most patient holders, we found a winter soul returning to Ethereum. The price action over the last few sessions does not feel like a normal recovery. It feels like a crowd that had been standing still finally remembered how to walk. ETH has moved away from panic levels, helped by a wave of short liquidations, renewed ETF inflows, and on-chain data that suggests some holders are no longer selling into the bid. That kind of moment usually looks like hope. In my experience watching decentralized markets turn, it can also look like a warning.