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![cas_abbe Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1242073759735058432.png) Cas Abbé [@cas_abbe](/creator/twitter/cas_abbe) on x 95.3K followers
Created: 2025-01-30 08:44:34 UTC

ETH/BTC has reached its most oversold territory since 2020.

Lots of bullish events are happening around ETH, yet the price remains at the same level.

I think there are only two things now that can pump the ETH price:

➢ Enabling the staking feature in ETH ETFs

➢ The FED announcing the end of its QT program

Unless either of these happens, I don't expect a major reversal.

![](https://pbs.twimg.com/media/Gih1Ry_XoAETS1R.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1884885405935235562/c:line.svg)

**Related Topics**
[reversal](/topic/reversal)
[fed](/topic/fed)
[staking](/topic/staking)
[federal reserve](/topic/federal-reserve)
[events](/topic/events)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/cas_abbe/status/1884885405935235562)