Overview

• ETH trades around $4,000 after a two‑week drop of roughly 20%, rebounding off the identified support band.
• RSI sits at its lowest since April, a setup analysts note previously preceded a roughly 134% two‑month rally.
• On-chain trackers show about 2.15 million ETH queued to withdraw with an average unstake wait near 37 days.
• Despite outflows, roughly 198,000 ETH remain lined up to enter staking, pointing to continued participation.
• Lookonchain reports 16 wallets pulled 431,018 ETH from major platforms over three days, as analysts weigh a Q4 rebound toward $7,000–$8,000 against downside risks to $3,600 or about $2,750 if support fails.