Just been watching the ETH charts and honestly wondering if the bull run's really over at this point. We dropped hard over the weekend - down to $2.19K from around $2.7K, and that $2.1-2.2K zone everyone's talking about is looking pretty critical right now. The Fear and Greed Index tanked to 15, which is pretty extreme panic territory. Liquidations hit $266M with longs getting wrecked, so a lot of forced selling is definitely happening.

But here's the thing - the weekly structure still looks technically sound. We'd need to close way below $1,383 to actually break that longer-term bullish setup that formed during the 2025 rally. Plus institutions like Bitmine are still accumulating, adding 132K ETH despite the drawdown. That kind of conviction buying during a crash usually means something.

Daily momentum is bearish for sure - RSI getting close to oversold, OBV making fresh lows. The real question is whether we're just capitulating at support or if this is the start of something worse. If we crack below $2K decisively, then yeah, is the bull run over? That's when we'd probably see a deeper move toward $1.3K. But if we hold this zone, institutions keep buying, and we could be setting up for a bounce. The $2,100 level is basically make-or-break for what happens next.