1. 120k supply is probably dead. The hacker is unlikely to move it and probably profited by shorting the crash.
2. That's one sick weekly wick. Looks a lot like the silk road bust wick. Shows a lot of strength.
3. Fundamentals are good. Scaling improvements seem to be making progress. And it looks like we dodged a bullet by letting ETH try out a controversial hard first.
Note we broke the 18+ month trend, but that didn't stop the 2013 bubble. So long as we bounce here, the is alive.