ETHEREUM BREAKOUT SEQUENCE:

Wave 1: Accumulation

Wave 2: Pain, doubt, disbelief

Wave 3: Parabolic repricing

Most quit in Wave 2.

Few ride Wave 3.

Narratives turn bearish.

Price goes nowhere.

Then suddenly expansion.

Scaling doesn’t replace Ethereum.

It routes value back to it.

Base layers get mispriced before they explode.$ETH