【Breaking! Is ETH on the brink of a storm? Ethereum quietly gathers strength, aiming directly for $2130!】
Whales are buying, valuations are at the bottom, and a technical upgrade is approaching—Is Ethereum brewing a surge?
Recently, Ethereum (ETH) has been fluctuating in the $1800 range. Despite mixed market sentiment, various data suggest that a rebound momentum is building: whales are making moves, large liquidation zones are forming, and key technical support is stabilizing.
🐋 Large funds quietly entering, whales eyeing the $1800 range
Recently, there has been a significant buying activity, with over $4.7 million worth of ETH traded at low prices, indicating that institutions or large holders are positioning themselves for a rebound at current prices. Such behavior often precedes a market directional shift.
At the same time, ETH's current price is in a dense liquidation zone, with long positions facing stop-loss triggers below and short positions facing liquidation points above. Once volatility increases, a chain reaction could be triggered quickly.
📉 Mixed sentiment but reduced selling pressure, on-chain signals lean optimistic
While market sentiment remains divided, the vast majority of wallets are at breakeven, reducing the risk of panic selling.
The steady growth of new wallets indicates ongoing user inflow.
The MVRV Z-score is extremely low, with valuations at historical bottom levels, resembling signals before past significant surges.
📈 Technical indicators release positive signals, target may point to $2130
Since rebounding from $1500, ETH has steadily maintained above $1800. Analysts point out that $1880 is the next resistance level; if broken, it is expected to challenge $2130.
Past price drops of nearly 60% have completed technical corrections, excessive market leverage has been cleared, making it easier for prices to be driven by real trades.
🔧 Pectra upgrade is approaching, bullish sentiment is brewing
The upcoming Pectra technical upgrade is a key step in the continued expansion and optimization of the Ethereum network. At the same time, it continues to expand its influence in areas like Layer 2 networks and real asset tokenization, providing support for ETH's long-term value.
✅ Summary: Is ETH on the brink of an explosion? All signals are aligning
Whales continue to buy
Valuation indicators are at the bottom
Technical support is stabilizing
Upgrade expectations are fermenting
If the $1800 support holds, ETH may accelerate upward, welcoming a true market breakout.
Are you ready to witness a new round of Ethereum's surge?