ETHAccumulation

💫🔥𝐃𝐞𝐬𝐩𝐢𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲🌟
A prominent whale recently expanded its Ethereum holdings, purchasing 1,958.27 ETH at an average price of $3,253, raising its 25th swing trade position to a total of 7,292.28 ETH (valued at approximately $23.74 million). Despite these aggressive acquisitions, the whale faces an unrealized loss of $385,000 due to Ethereum's recent price drop. This move underscores growing confidence among large investors, even amidst market turbulence.

𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞 𝐁𝐚𝐥𝐚𝐧𝐜𝐞𝐬 𝐃𝐞𝐜𝐥𝐢𝐧𝐞 𝐀𝐦𝐢𝐝 𝐀𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧 🌟🌟🌟

Ethereum has seen a 12% price decline over the past week, leading to significant losses for investors. However, the sentiment is shifting, with a staggering 12.5 million ETH, worth around $815 million, being withdrawn from exchanges into private wallets. This trend suggests bullish confidence in Ethereum’s recovery potential, as the limited supply on exchanges could trigger upward price momentum in the coming days.

𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭 𝐊𝐞𝐲 𝐑𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐚𝐭 $𝟑,𝟑𝟐𝟕 🔥🔥🔥

Currently trading around $3,114, Ethereum faces a critical resistance level at $3,327. Breaking above this level could pave the way for a return to the $3,524 range, where significant accumulation has been observed. Bullish momentum from recent accumulation may provide the necessary push to overcome these resistance levels, as highlighted by IOMAP (In/Out of the Money Around Price) data. Conversely, failure to surpass $3,327 could lead to a drop towards $3,028, reversing gains and dampening sentiment.

To regain bullish momentum, Ethereum must flip $3,327 into a support level. A decisive break above $3,524 would confirm recovery prospects, spurring additional accumulation and fostering renewed optimism in the market.

#ETHAccumulation #EthereumBullish #AltcoinBoom #CryptoSignals $ETH