Have you noticed? Ethereum's RSI has dropped to 30.

What does this number mean? From a technical perspective, it's typically seen as an oversold signal. What's more interesting is that as the ongoing Ethereum network upgrades continue to impact its economic model, the open interest in ETH futures has already doubled—capital is on the sidelines, but positions are accumulating.

Let's look at the external environment: Russia reportedly plans to make crypto legislation a key focus next year, and the contours of global regulation are becoming increasingly clear. The market seems calm on the surface, but in reality, positions have dropped to very low levels.

Do you remember what happened the last time we saw this kind of "vacuum state"?

BNB has also been unusually quiet lately. This kind of silence is often a sign of an impending storm. When do you think the next big move will happen?