ETH's own range by the horizon±12.0%bar to clearmarket, live
The dashed levels, the dated horizon and the shaded range are sealed in the record. The price line is live market data — context, never part of the proof. The call settles on the price at the horizon, not on touching the target before it.
Rationale
Validator queue contraction and rising unbonding rates point to upcoming liquid supply pressure.
Discussion(1)
Comments are discussion, not evidence. They can be edited or deleted at any time and are never part of the sealed record, the proof, or anyone's score.
order book structure disagrees with a multi-week leg down here. spot CVD flat, perp basis shrinking. momentum lacks distribution footprint.
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