Ether Lee has been cooled with months of powerful purchase pressure and strong momentum, and the market is now in the integration stage. In recent weeks, ETH trades to the lower side than the best ever, making investors uncertain about short -term prospects. Although there is a lack of follow -up measures, the foundation suggests that the foundation of Ether Leeum in the market maintains elasticity.
Institutional accumulation is one of the definition themes that support ETH. In exchange, large -scale withdrawal indicates a steady tendency to move to long -term storage rather than maintaining liquids for coins. According to lookonchain, the newly identified wallet, which was identified as “0x9d2e”, recently withdrew 21,925 eth of $ 122 million from Krake. These activities are short -term volatility and instead emphasize the presence of a deep pocket buyer who places himself for the long -term potential of Ether Lee.
At the same time, the macroeconomic uncertainty, which weighed greatly on risky assets earlier this year, began to disappear. As the institution comes in and the wider conditions stabilize, the integration of Etherrium can be a healthy reset before the decisive movement. It is important to determine whether ETH can rise or expand to the next few weeks.
Whales continue to accumulate ahead of the main test
Lookonchain also reported that the newly created wallet “0x9d99” withdrew $ 24.7 million with $ 24.7 million from Binance and Bitget. At the same time, another major player, the wallet “0x7451”, received an additional 13,322 ETH of $ 6,65 million from Falconx. These transactions emphasize the sustainability of institutional scale, even if the short -term trader is not hesitant.
The wave of withdrawal is added to the extensive trend of ETH supply to exchange. As coins move to personal wallets and refrigerated storage, the liquidity for immediate transactions decreases, setting the stage of supply -centered price pressure. Historically, the period of heavy whale accumulation was consistent with the integration stage that later helped the decisive assembly.
Timing is especially important. Ether Lee is trading below the highest level, and market participants are monitoring signs of expanding to the side of the next movement. Whales seem to treat current price behaviors as an opportunity to accumulate the current price ahead of the potential for the unknown territory.
If Ether Leeum maintains structural strength, while the organs continue to absorb the supply, the foundation can be placed for brake out beyond the best of the previous. At the same time, wider macro conditions, including the Fed’s interest rate policy, can affect the speed and scale of the next movement. Nevertheless, continuous whale purchases remain confidence in ETH’s long -term trajectory.
Price analysis: play short -term fullback
Ether Lee (ETH) is currently trading at $ 4,533, and it has been shown to decrease by 1.44% after failing to maintain more than $ 4,700. This chart has recently been a short -term short -term average by emphasizing rejection near the highest level.
50 SMA ($ 4,414) is now used as immediate support that is closely related to 100 SMA ($ 4,452). This moving average cluster is important because keeping above can stabilize ETH and prevent deeper drops. The breakdown under this district will open 200 SMA re -examination for $ 200, $ 4,052.
Conversely, Ether Lee is faced with a resistance of 4,700 to $ 4,750, offset the last few prices. The decisive close to this level will be pushed towards $ 4,900- $ 5,000, which will be closer to ETH again testing the highest level.
Currently, ETH remains in integrated mode and is traded sideways within a wide strength structure. Institutional accumulation and contraction exchange balance continue to support long -term outlooks, but short -term volatility can persist. As long as the ETH holds more than $ 4,400, the setting prefers the buyer, and when the momentum returns, there is a possibility of accelerating the update increase.
DALL-E’s main image, TradingView chart
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