Ethereum (ETH)

$ETH held the support line and Fibonacci support on the monthly chart. The current area is now the decision zone between a normal correction and a deeper trend breakdown.
If the monthly close comes below this area, the technical setup would weaken significantly. If this area is protected, the current pullback in ETH can still be read as a correction within the long term rising structure.
If price holds here, leaves a wick on the monthly candle, and turns back again, the market will have priced this area as strong dip buying.
This setup shows that the market is pricing something. If support breaks, the market may likely start a longer and more exhausting bottom formation

Interestingly, ethereum:native has just taken the last dense area of downside daily liquidity this morning too. There is still some below, but the majority of downside liquidity for ethereum:native is gone here.

Similar to ripple:native it has also taken all of its downside liquidity on the hourly. Also similar to ripple:native, ethereum:native has printed its lowest EVER daily RSI here.

However, funding still is largely positive for ethereum:native

I just spent some time testing @EldoraGlobal 👇:

At first I thought this was just an “on‑chain US stock buying” app – a fairly familiar RWA narrative in the current market.

But after digging deeper, I see Eldora taking a pretty pragmatic approach.

Instead of trying to build the whole stack from scratch, they sit at the aggregator layer, connecting various infrastructure pieces to make it easier for crypto users to access the US stock market.

👌🏻 Link to join or check it out: https://t.co/MVmpDTikbH

Points I find noteworthy:

✅ No need to open a traditional US broker account

✅ No switching back and forth between multiple platforms

✅ Can access large stocks like NVDA, AAPL, TSLA with a small amount of capital

✅ The experience still retains the familiar crypto‑native feel

✅ But for most users in APAC – those who want US equities but are put off by complex KYC procedures, international account requirements or the traditional broker onboarding process – this is a fairly reasonable path.

Currently I’ve only experienced the onboarding portion and explored the product.

I will continue testing the buying flow, spread, fees, redeemability and real‑world experience before giving a fuller assessment.

If you’ve used it already, please share your perspective below.

NFA. DYOR.