Whale accumulation and the rise in open interest indicate growing institutional confidence and expectations for sustainable growth.
Ethereum has surpassed a key resistance level as optimistic sentiment and the funding rate synchronize to support further price expansion.
Ethereum [ETH] is sending mixed signals as whales continue to accumulate strongly while retail traders reduce risk. This divergence has created uncertainty in the market.
The inflow to exchanges has increased, signaling rising selling pressure. However, the outflow has also risen, indicating strong accumulation.
At the time of release, the price of this altcoin rose by 25.32% to $2,428.15.
This upward trend reflects volatility and renewed interest. Therefore, the battle between short-term skepticism and long-term confidence may soon determine Ethereum's next direction.
Are ETH 'whales' quietly preparing for a breakout?
Whale behavior is becoming increasingly strong.
The large holder inflow increased by 373.68% over seven days and 968.57% over the past 90 days. Institutions continue to buy. Abraxas Capital withdrew 49,644 ETH ($92 million) from Binance and Kraken.
Additionally, a wallet linked to Trump's World Liberty purchased 1,587 ETH worth $3.5 million. These signals confirm the confidence of smart money flows.
Thus, if retail selling slows down, this accumulation could further support price increases and reduce short-term downside risk.
Source: IntoTheBlock
Additionally, open interest has increased by 13.16% to $14.85 billion. This indicates that traders are reopening positions and preparing for a significant move.
Of course, higher open interest will increase volatility. If the funding rate remains stable and leverage is balanced, a short squeeze could favor the bulls.
However, an unchecked increase in leverage could lead to a rapid reversal.
Could the funding rate boost optimistic sentiment?
The funding rate has shifted to a positive zone after several weeks of maintaining a low stable level.
The ETH funding rate on Binance stands at 0.01%, suggesting that optimistic traders are gradually regaining control. Previous negative rates reflected excessive selling pressure.
However, this reversal suggests increasing buyer strength. History shows that such changes often occur before a growth move.
Therefore, if the funding rate continues to rise, Ethereum may continue its recent upward momentum and surpass key resistance zones.
Source: Santiment
Sentiment has started to shift in favor of buyers. The number of bullish accounts exceeded the number of bearish accounts by 103 to 98 in the past week—a small but notable advantage.
This advantage could strengthen if Ethereum holds above $2,200.
Positive sentiment, combined with accumulation and funding support, often leads to prolonged price increases. Traders need to carefully monitor crowd sentiment.
What levels does Ethereum need to hold to maintain momentum?
Ethereum has risen above $2,225 and is now targeting $2,800 as the next resistance level. The Bollinger Bands confirm expanding volatility, while the stochastic RSI is nearly at 72, signaling growth momentum.
However, the price may face short-term resistance if overbought conditions develop. Nevertheless, the broader trend currently indicates strength. Support remains solid at $1,793.
Therefore, bulls must defend that level to maintain momentum. If so, Ethereum could extend this recovery into a sustainable uptrend in the coming days.
Source: TradingView
The accumulation of whales, increasing open interest, and the funding rate shift indicate that Ethereum is in a potential breakout zone.
If ETH stays above $2,200 and retail buyers return, this could mark the beginning of a broader recovery for both Ethereum and the entire market.
Source: https://tintucbitcoin.com/ethereum-tang-25-khoi-dau-hoi-phuc-thi-truong/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news in the cryptocurrency market and not miss any important information!
