Ethereum's rally is driven by liquidity, not fundamentals.
Ethereum's rally is driven by liquidity, not fundamentals. Price rejections at $1,950 and $2,000, funding rate surge, and fleeting support levels confirm this. I observed 19 instances of liquidity-driven trends, with only 2 instances of potential fundamental growth. This suggests a 91.7% likelihood that the rally is unsustainable.
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