Ethereum Is Sitting On Its Most Critical On-Chain Support Level — A Rally Emerging?
4 Articles
4 Articles
Ethereum passes through a decisive moment in the market, with cross-signals between institutional selling pressure and a solid defense of on-chain support by whales. After two weeks of strong exits at Ethereum ETFs in the United States, the latest data show significant moderation, offering a pause that coincides with ETH’s technical rebound from the $2,800 zone, a level historically aligned with asset cycle floors. In the middle of this scenario…
Ethereum at Pivotal Support: Whales Accumulate, Short Squeeze Looms
The cryptocurrency market is at a critical juncture, with Ethereum (ETH) once again finding itself in a pivotal on-chain support zone that has historically marked significant turning points in its market cycle. This zone, currently around the $2,800 mark, is proving to be a strong floor for ETH, aligning with the realized price of both retail and whale investors. This alignment is crucial… Source
Ethereum Is Sitting On Its Most Critical On-Chain Support Level — A Rally Emerging?
The cryptocurrency market finds itself at a compelling crossroads, and Ethereum has once again returned to a pivotal on-chain support zone that has historically marked major turning points in its market cycle. With ETH now pressing against this same support, the market is exhibiting a strong reaction that could confirm the integrity of the long-term trend. Why This On-Chain Support Zone Defined Ethereum Recovery Ethereum’s price is sitting right…
Ethereum Stabilizes at $2.8K With Whale Support, ETF Outflows Ease
TL;DR Ethereum ETF outflows drastically decreased, marking a more balanced market session. Ethereum’s price rebounded after touching the $2.8K realized price zone, a historical low-cycle support. Large holders (whales) are accumulating ETH while retailers sell, replicating market bottom patterns. After several days of sharp declines, Ethereum is showing signs of stabilization; the crypto seems to have found a breather, placing it near the $2,87…
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