🧠 #Ethereum : Calm Before the Next Move?
$ETH is showing short-term selling pressure — but don’t confuse it with panic. This looks more like consolidation than distribution.
📊 Inflows to exchanges are rising again (+3k ETH), hinting at some sell-side heat. If $3.8K breaks, $3.4K could be next. Still, the market remains deleveraged — Open Interest is steady around $19–20B after the October liquidation wave.
💼 On the bright side, T. Rowe Price’s upcoming multi-coin ETF might include Ethereum — a bullish sign for long-term adoption, even if the short-term impact is muted.
Holders are 67% in profit, but sentiment isn’t overheated. That balance might be what sets the stage for ETH’s next leg up. ⚖
📊 WhiteBIT Chart: ETH/USDT (1H)
