🔥 ETH Whales Are Stacking — But Can Bulls Keep Control?
Despite ETH flashing overbought signals recently, there’s no panic selling — a bullish sign that big players still believe in the uptrend. And here’s proof:
🦈 SharpLink Gaming just became the largest public holder of ETH, overtaking BitMine by boosting its stash to 360,807 ETH. BitMine trails with 300,657 ETH — still massive.
💰 Corporate accumulation at this scale isn't just bullish — it’s a power move. But short-term traders had other ideas this week…
📉 ETH dropped from $3,860, slicing below the $3,745 support — classic profit-taking behavior. Now, eyes are on the 38.2% Fibonacci retracement at $3,494. If bulls hold this line? 🚀 Expect a potential push back towards $4,094.
🔻 But if $3,494 breaks…
Next stops:
$3,381 (50% Fib level)
$3,234 (20-day EMA)
And possibly a bearish slide down to $2,904
📊 On the 4H chart:
20-EMA is flat
RSI is below 50 = tug of war between bulls & bears
A breakout above $3,860 flips the switch back to bullish momentum
A drop below 50-SMA could drag ETH down to $3,361 and beyond
🔎 Key Levels to Watch:
Resistance: $3,860 → $4,094
Support: $3,494 → $3,381 → $3,234
Big wallets are growing fatter with ETH, but short-term signals show hesitation. Bulls must defend key Fib levels to avoid a deeper dip. Keep your eyes on the charts — this next move could set the tone for ETH’s August run.
Not financial advice. Do your own research before making any investment decisions.
$ETH
{future}(ETHUSDT)
#BTRPreTGE #CryptoClarityAct #BNBBreaksATH #BTCvsETH #ETHBreaks3700
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🚨 Will the Ripple vs SEC Lawsuit Settle by August 15? XRP Community Awaits a Verdict, but Experts Urge Caution.
🗓 As the status report deadline nears, anticipation is building within the XRP community, many hopeful that the years-long legal battle between Ripple and the SEC will finally come to a close by August 15.
📢 But according to Marc Fagel, a veteran securities lawyer and former SEC Regional Director, settlement talks may not be so simple. He warns that any resolution likely hinges on the appeals process, providing a crucial reality check to the optimism flooding social media.
🔍 Key Takeaways:
• XRP holders are eyeing August 15 as a critical date
• Legal insiders caution that settlement may extend well beyond
• The outcome could set precedent for crypto regulation in the U.S.
💬 The Ripple case isn’t just about XRP—it’s about clarity, precedent, and the future of crypto innovation.
#Ripple #XRP #SEC #CryptoLaw #DigitalAssets
https://coingape.com/will-xrp-lawsuit-settle-by-august-15-lawyer-explains/?utm_source=bnb&utm_medium=coingape
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