#MarketRebound
Is Ethereum About to Explode or Crash?
ETH is stuck between $1,540 and $1,630—and it’s way too quiet. Here's why traders think a big move is coming:
Over 7.9M ETH bought in this range = serious pressure.
Leverage ratio is spiking (0.7009) = traders betting big.
Whales are unsure—small buys this week, but huge sells last month.
Burn rate is down to 27% = less demand, less deflation.
ETH’s been stuck in a price channel since January = breakout is overdue.
Break above $1,630? Targeting $1,860+.
Drop below $1,540? Could fall to $1,475 or lower.
TL;DR: ETH is coiled like a spring. The move is coming—up or down, it won’t stay quiet much longer.
$ETH