Matt Hougan: No Sellers Left Fueling ETH Move

Matt Hougan declared no sellers left in ETH after the foundation reorg purge months ago, with anyone tired of the asset already sold at the lows.

Community momentum built post-retreat through new entities, while ETH outperformed BTC and captured the stablecoin tokenization meta theme as the core holding.

Price at $2400.39 rides a bullish EMA structure with the 50-EMA at $2059.35 and 200-EMA at $1926.14 as concrete support; yet RSI at 94.03 signals overbought exhaustion against upper Bollinger resistance at $2548, pointing to a probable retracement toward the 50-EMA before continuation.