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Mega Whale Opens Massive Short on BTC & ETH! 🐋💥
#CryptoWhaleWatch #BTCShortAlert #ETHDump #MarketShakeup
A mysterious crypto whale just made a bold move—opening a massive short position on Bitcoin and Ethereum! 🚨 With such a heavyweight betting against the market, traders are on high alert.
Will this trigger a market-wide selloff, or is it just a trap to shake out weak hands before the next leg up? 🤔💰 The next few days will be critical as volatility spikes and liquidations loom.
Is this the start of a major correction or the perfect opportunity to buy the dip? Stay sharp! ⚡
$BTC
#WhaleMoves
Incoming?
A mysterious crypto whale just made a bold move—opening a massive short position on Bitcoin and Ethereum! 🚨 With such a heavyweight betting against the market, traders are on high alert.
Will this trigger a market-wide selloff, or is it just a trap to shake out weak hands before the next leg up? 🤔💰 The next few days will be critical as volatility spikes and liquidations loom.
Is this the start of a major correction or the perfect opportunity to buy the dip? Stay sharp! ⚡
$BTC
#WhaleMoves
Incoming?
Justin Sun Dumps 50% of ETH; What Does It Mean for ETH?
Tron founder Justin Sun’s aggressive ETH selloff, totaling $143 million last week, has contributed to a 17% price drop.Despite this, bullish technical patterns suggest Ethereum could recover and target $10,000 in 2024 after retesting lower support levels.
Tron founder Justin Sun’s aggressive ETH selling spree has drawn significant attention in the crypto community, particularly as Ethereum struggles to maintain key support levels. Sun’s recent offloading of ETH has coincided with a sharp downturn in Ethereum’s price, leaving analysts and investors questioning the broader implications for the second-largest cryptocurrency by market cap.
As we have previously reported, Justin Sun has been systematically selling Ethereum, with his latest move involving the liquidation of 39,999 ETH, valued at $143 million. Blockchain analytics firm Spot On Chain reported that Sun redeemed these tokens from liquid staking platforms Lido Finance and EtherFi before depositing the proceeds into HTX (formerly Huobi Exchange).
This recent transaction follows a broader trend: since November 10, Sun has sold a total of 108,919 ETH worth approximately $400 million. The sales predominantly occurred near Ethereum’s local price peaks, suggesting a strategy to capitalize on short-term gains. Currently, Sun has another 42,904 ETH (valued at $139 million) in the process of unstaking from Lido Finance, potentially signaling additional sell pressure.
Impact on ETH’s Price
The timing and scale of Sun’s sales have contributed to significant market turbulence. Ethereum’s price has dropped by 17% over the past week, plummeting from near $4,000 to below $3,500. Analysts are now warning that Ethereum could test the $3,000 support level before mounting its next rally.
Popular crypto analyst IncomeSharks observed that Ethereum experienced a “low-volume weekend” after a volatile week for broader markets. The On-Balance Volume (OBV) indicator remains steady, suggesting some market stability. However, the selling pressure from whales like Sun has cast a bearish shadow, increasing the likelihood of further dips.
While short-term sentiment appears bearish, some analysts maintain a bullish outlook for Ethereum. Prominent chartist “I am Crypto Wolf” pointed out that Ethereum’s price is forming an inverse head-and-shoulders (iHS) continuation pattern. If this setup holds, it could provide the momentum needed for Ethereum to surpass the $4,000 resistance and target $10,000 by mid-2024.
However, before a breakout occurs, analysts believe Ethereum might retest the $3,000 level. Such a dip could attract buyers seeking an entry point for the anticipated long-term rally.
Justin Sun’s ETH selling spree has undoubtedly amplified market volatility, pushing Ethereum prices lower and sparking bearish sentiment. However, the long-term prospects for Ethereum remain strong, with bullish technical patterns hinting at a potential recovery. For now, investors will be closely monitoring Sun’s next moves and their impact on the broader market.
Meanwhile, the second largest digital asset by market cap is swapping hands with $3,439.70 after a 3.64% surge in the past 24 hours. Additionally, with a market cap of $413.99B, the asset has recorded a decline of 14.11% in the past week.
#JustinSun #ETHDump #Ethereum #BinanceAlphaAlert $ETH $SOL $BTC
Tron founder Justin Sun’s aggressive ETH selling spree has drawn significant attention in the crypto community, particularly as Ethereum struggles to maintain key support levels. Sun’s recent offloading of ETH has coincided with a sharp downturn in Ethereum’s price, leaving analysts and investors questioning the broader implications for the second-largest cryptocurrency by market cap.
As we have previously reported, Justin Sun has been systematically selling Ethereum, with his latest move involving the liquidation of 39,999 ETH, valued at $143 million. Blockchain analytics firm Spot On Chain reported that Sun redeemed these tokens from liquid staking platforms Lido Finance and EtherFi before depositing the proceeds into HTX (formerly Huobi Exchange).
This recent transaction follows a broader trend: since November 10, Sun has sold a total of 108,919 ETH worth approximately $400 million. The sales predominantly occurred near Ethereum’s local price peaks, suggesting a strategy to capitalize on short-term gains. Currently, Sun has another 42,904 ETH (valued at $139 million) in the process of unstaking from Lido Finance, potentially signaling additional sell pressure.
Impact on ETH’s Price
The timing and scale of Sun’s sales have contributed to significant market turbulence. Ethereum’s price has dropped by 17% over the past week, plummeting from near $4,000 to below $3,500. Analysts are now warning that Ethereum could test the $3,000 support level before mounting its next rally.
Popular crypto analyst IncomeSharks observed that Ethereum experienced a “low-volume weekend” after a volatile week for broader markets. The On-Balance Volume (OBV) indicator remains steady, suggesting some market stability. However, the selling pressure from whales like Sun has cast a bearish shadow, increasing the likelihood of further dips.
While short-term sentiment appears bearish, some analysts maintain a bullish outlook for Ethereum. Prominent chartist “I am Crypto Wolf” pointed out that Ethereum’s price is forming an inverse head-and-shoulders (iHS) continuation pattern. If this setup holds, it could provide the momentum needed for Ethereum to surpass the $4,000 resistance and target $10,000 by mid-2024.
However, before a breakout occurs, analysts believe Ethereum might retest the $3,000 level. Such a dip could attract buyers seeking an entry point for the anticipated long-term rally.
Justin Sun’s ETH selling spree has undoubtedly amplified market volatility, pushing Ethereum prices lower and sparking bearish sentiment. However, the long-term prospects for Ethereum remain strong, with bullish technical patterns hinting at a potential recovery. For now, investors will be closely monitoring Sun’s next moves and their impact on the broader market.
Meanwhile, the second largest digital asset by market cap is swapping hands with $3,439.70 after a 3.64% surge in the past 24 hours. Additionally, with a market cap of $413.99B, the asset has recorded a decline of 14.11% in the past week.
#JustinSun #ETHDump #Ethereum #BinanceAlphaAlert $ETH $SOL $BTC
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$ETH /USDT SHORT TRADE SIGNAL – STRONG BREAKDOWN FROM THE MEDIUM LEVEL!
Ethereum has repeatedly rejected the resistance at $2,545 and today it closed clearly below the support zone of $2,510. The price is now trading around $2,490 and sellers have gained momentum. On the chart, the lower highs and bearish engulfing candles confirm that the correction has already begun.
Trade Setup (SHORT):
Entry: $2,495 – $2,490
Target 1: $2,473
Target 2: $2,455
Stop Loss: $2,545
Why Short?
After multiple rejection wicks and the breakdown of support, the price has aggressively dropped. The volume is also increasing with the red candles — which clearly shows the selling pressure. As long as the price does not recover above $2,510, the downside remains.
Risk Management Advice:
Place the stop loss above $2,545. If the price goes back up, the short idea will be invalidated. It is better to secure partial profits at TP1.
Don't let this breakdown fly without you — enter smart, come out richer!
Take advantage of the momentum before it fades — profits favor the brave!
#ETHDump
#CryptoShortSignal #RaiAftabStyle #ETHTrade
buy and trade here on $ETH
Ethereum has repeatedly rejected the resistance at $2,545 and today it closed clearly below the support zone of $2,510. The price is now trading around $2,490 and sellers have gained momentum. On the chart, the lower highs and bearish engulfing candles confirm that the correction has already begun.
Trade Setup (SHORT):
Entry: $2,495 – $2,490
Target 1: $2,473
Target 2: $2,455
Stop Loss: $2,545
Why Short?
After multiple rejection wicks and the breakdown of support, the price has aggressively dropped. The volume is also increasing with the red candles — which clearly shows the selling pressure. As long as the price does not recover above $2,510, the downside remains.
Risk Management Advice:
Place the stop loss above $2,545. If the price goes back up, the short idea will be invalidated. It is better to secure partial profits at TP1.
Don't let this breakdown fly without you — enter smart, come out richer!
Take advantage of the momentum before it fades — profits favor the brave!
#ETHDump
#CryptoShortSignal #RaiAftabStyle #ETHTrade
buy and trade here on $ETH
Justin Sun Dumps 50% of ETH; What Does It Mean for ETH?
Tron founder Justin Sun’s aggressive ETH selloff, totaling $143 million last week, has contributed to a 17% price drop.
Despite this, bullish technical patterns suggest Ethereum could recover and target $10,000 in 2024 after retesting lower support levels.
Tron founder Justin Sun’s aggressive ETH selling spree has drawn significant attention in the crypto community, particularly as Ethereum struggles to maintain key support levels.
Sun’s recent offloading of ETH has coincided with a sharp downturn in Ethereum’s price, leaving analysts and investors questioning the broader implications for the second-largest cryptocurrency by market cap.
As we have previously reported, Justin Sun has been systematically selling Ethereum, with his latest move involving the liquidation of 39,999 ETH, valued at $143 million.
Blockchain analytics firm Spot On Chain reported that Sun redeemed these tokens from liquid staking platforms Lido Finance and EtherFi before depositing the proceeds into HTX (formerly Huobi Exchange).
This recent transaction follows a broader trend:
since November 10, Sun has sold a total of 108,919 ETH worth approximately $400 million. The sales predominantly occurred near Ethereum’s local price peaks, suggesting a strategy to capitalize on short-term gains.
Currently, Sun has another 42,904 ETH (valued at $139 million) in the process of unstaking from Lido Finance, potentially signaling additional sell pressure.
Impact on ETH’s Price
The timing and scale of Sun’s sales have contributed to significant market turbulence. Ethereum’s price has dropped by 17% over the past week, plummeting from near $4,000 to below $3,500. Analysts are now warning that Ethereum could test the $3,000 support level before mounting its next rally.
#JustinSun #ETHDump #Ethereum #BinanceAlphaAlert $ETH $SOL $BTC
Tron founder Justin Sun’s aggressive ETH selloff, totaling $143 million last week, has contributed to a 17% price drop.
Despite this, bullish technical patterns suggest Ethereum could recover and target $10,000 in 2024 after retesting lower support levels.
Tron founder Justin Sun’s aggressive ETH selling spree has drawn significant attention in the crypto community, particularly as Ethereum struggles to maintain key support levels.
Sun’s recent offloading of ETH has coincided with a sharp downturn in Ethereum’s price, leaving analysts and investors questioning the broader implications for the second-largest cryptocurrency by market cap.
As we have previously reported, Justin Sun has been systematically selling Ethereum, with his latest move involving the liquidation of 39,999 ETH, valued at $143 million.
Blockchain analytics firm Spot On Chain reported that Sun redeemed these tokens from liquid staking platforms Lido Finance and EtherFi before depositing the proceeds into HTX (formerly Huobi Exchange).
This recent transaction follows a broader trend:
since November 10, Sun has sold a total of 108,919 ETH worth approximately $400 million. The sales predominantly occurred near Ethereum’s local price peaks, suggesting a strategy to capitalize on short-term gains.
Currently, Sun has another 42,904 ETH (valued at $139 million) in the process of unstaking from Lido Finance, potentially signaling additional sell pressure.
Impact on ETH’s Price
The timing and scale of Sun’s sales have contributed to significant market turbulence. Ethereum’s price has dropped by 17% over the past week, plummeting from near $4,000 to below $3,500. Analysts are now warning that Ethereum could test the $3,000 support level before mounting its next rally.
#JustinSun #ETHDump #Ethereum #BinanceAlphaAlert $ETH $SOL $BTC
$ETH /USDT SHORT TRADE SIGNAL – STRONG BREAKDOWN FROM MID-LEVEL!
Ethereum ne $2,545 resistance se bar bar rejection liya aur aaj clear breakdown ke saath $2,510 support zone ke neeche close kiya hai. Price ab $2,490 ke aas paas trade kar raha hai aur sellers ne momentum haasil kar liya hai. Chart par lower highs aur bearish engulfing candles confirm kar rahe hain ke correction shuru ho chuki hai.
Trade Setup (SHORT):
Entry: $2,495 – $2,490
Target 1: $2,473
Target 2: $2,455
Stop Loss: $2,545
Why Short?
Multiple rejection wicks aur support break ke baad, price ne aggressively neeche dive kiya hai. Volume bhi red candles ke saath high ho raha hai — jo clearly sellers ka pressure show karta hai. Jab tak price $2,510 se upar reclaim nahi karta, downside intact hai.
Risk Management Tip:
$2,545 ke upar stop loss rakho. Agar price wapas upar gaya, to short idea invalidate ho jaayega. Profits secure karne ke liye TP1 pe partial book karna best hai.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#ETHDump #CryptoShortSignal #RaiAftabStyle #BinanceSetup #ETHTrade
buy and trade here on $ETH
Ethereum ne $2,545 resistance se bar bar rejection liya aur aaj clear breakdown ke saath $2,510 support zone ke neeche close kiya hai. Price ab $2,490 ke aas paas trade kar raha hai aur sellers ne momentum haasil kar liya hai. Chart par lower highs aur bearish engulfing candles confirm kar rahe hain ke correction shuru ho chuki hai.
Trade Setup (SHORT):
Entry: $2,495 – $2,490
Target 1: $2,473
Target 2: $2,455
Stop Loss: $2,545
Why Short?
Multiple rejection wicks aur support break ke baad, price ne aggressively neeche dive kiya hai. Volume bhi red candles ke saath high ho raha hai — jo clearly sellers ka pressure show karta hai. Jab tak price $2,510 se upar reclaim nahi karta, downside intact hai.
Risk Management Tip:
$2,545 ke upar stop loss rakho. Agar price wapas upar gaya, to short idea invalidate ho jaayega. Profits secure karne ke liye TP1 pe partial book karna best hai.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#ETHDump #CryptoShortSignal #RaiAftabStyle #BinanceSetup #ETHTrade
buy and trade here on $ETH
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