#CQ #ETH Ethereum is preparing for a breakout: exchange shortage increases price pressure - CryptoQuant

⚪️ There is a hidden but powerful signal in the ETH market: investors are massively withdrawing coins from exchanges.

📉 The Exchange Supply Ratio on Binance is dropping sharply, which means one thing—a falling spot supply and increasing liquidity shortage.

🔍 The chart shows how the purple line (share of ETH on the exchange) is once again hitting lows, while the price has started to rise.

🟢 This creates a bullish divergence: there are fewer coins on the market, and the price is not falling—so any emergence of demand could trigger a sharp upward move.

When exchange supply drops sharply, even small buying volumes can push the price higher. The market is not showing aggressive demand right now, but the structure supports a potential breakout to the upside.

AR's opinion: The sharp reduction in ETH exchange supply indicates a high probability of a medium-term upward movement. Such phases are typical for accumulation periods, when institutional and large private investors reduce available liquidity. This does not mean immediate growth, but creates a solid foundation for a potential upward impulse. If the current trend in reserves continues and the macro environment stabilizes (including the Fed rate), ETH could become one of the growth leaders in 2026.