Post #2994

ETH holders are in profit, but not greedy. People are not rushing to sell. They’re quietly holding or moving ETH off exchanges. That’s a healthy setup, not a top. NUPL is at 0.22 means holders are sitting on roughly 22% unrealized profit This level historically sits in a confidence phase, not euphoria. Profits exist, but they’re not high enough to trigger aggressive selling. No signs of panic, no signs of mania. A structure that usually forms before continuation.