Using the H4 chart's swing move lower in the first week of February, a set of retracement levels was plotted.

A price drop to $0.80 was realistic, but not imminent- watch out for a short squeeze before the final market...

The rebound from the 78.6% retracement level of the weekly swing move was an interesting development for traders and investors.

The price reaction after the BUIDL integration news was instant, but short-lived.

There were two imbalances (white) on the daily chart that were likely to be tested as supply zones next.

Traders should not be looking to go long, though a price bounce appeared likely.

The negative Funding Rates and spot ETF flows reflected how demand for Ethereum could not outweigh the selling pressure.

The $0.26-$0.27 demand zone has been demonstrated to be a strong demand zone.

Bulls threatened a breakout in early January, but it did not succeed.

Holders and investors can remain bullishly biased. For now.