$EIGEN AND
$ETHFI ARE SHOWING SIGNS OF A WEEKLY REVERSAL 📈
$EIGEN is leading the restaking sector, and the weekly chart is finally starting to show some life. It is clear that the market is beginning to rotate back into these high-beta assets after months of relentless selling pressure.
Looking at the structure for
$ETHFI , the supply side seems to have dried up significantly. Most of the weak hands have been shaken out, and the current consolidation suggests we are nearing a point of exhaustion for the sellers. Patience is key while we wait for the volume to confirm the next leg up.
Do you think the restaking narrative has enough fuel for a sustained recovery?
Not financial advice. Always manage your risk.
#EIGEN #ETHFI #CryptoTrading #Altcoins #MarketUpdate ⚡