Ethereum price weakness over the past two weeks has resulted in the relative strength index flashing a potential bottom signal not seen since early April.
Bitcoin dropped to under $109,000 as long-term holders realized 3.4 million Bitcoin profits and ETF inflows slowed, signalling potential cycle exhaustion.
Bitcoin price tumbled toward new lows below $109,000 and while charts suggested the sell-off is far from over, data shows spot buyers accelerating their accumulation.