ETH Verdict Flips to Wait as Momentum Stabilizes at 70.91

## From Sell to Stagnant Ethereum just stopped the bleeding, but don't mistake a pause for a pivot. After a grueling stretch in the red, our internal scoring system just shifted from a 34/100 Sell rating to a flat 0/100 Wait signal. The price is hovering at $70.91, barely moving since the last check, signaling that the aggressive distribution phase has finally run out of steam. We aren't out of the woods, but the immediate pressure to dump has vanished. ### The Technical Dead Zone Look at the RSI(14) sitting at 34.3. While that's traditionally nearing oversight territory, it hasn't triggered a sharp reversal. Instead, it suggests a market that's simply exhausted. Sellers are tired of hitting the bid, and buyers aren't convinced this is the floor quite yet. This lack of conviction is mirrored in the Fear & Greed Index, which currently sits at a cold 0. When sentiment hits zero, the market usually enters a period of chop where leverage gets wiped out on both sides. Moving averages tell a story of heavy overhead resistance. The MA50 is looming at 71.98, while the MA200 sits further up at 72.47. Usually, we'd look for a crossover to signal a trend change, but right now, the price is pinned under both. Ethereum needs to reclaim the 72.00 level before anyone can seriously talk about a bullish recovery. Until then, we're just drifting in a liquidity vacuum.