$ETH

#ETH Trading Pair

$ETH surged 6% and is now caught in a tug-of-war between bulls and bears! Three major indicators tonight will determine life and death, with whales placing a sell order of 43,000 coins exposing a key defense line.

Today's Momentum Core

1️⃣ L2 Explosive Growth:

- Base chain daily active users broke 2.3 million (+40%), Gas fees dropped to $0.001, igniting on-chain trading.

- Starknet's quantum leap upgrade completed, ZK proof costs plummeted by 78%.

2️⃣ Spot ETF Reversal Signal:

- BlackRock's $IBETH saw a single-day inflow of $180 million, ending five consecutive days of capital outflow.

3️⃣ Technical Breakthrough:

- The 4-hour chart engulfed the $3,880 bear stronghold, triggering $120 million in short liquidations.

Whale Bull-Bear Game Chart

- Bull Stronghold: $3,920 accumulated $170 million in buy orders (dominated by Jump Trading).

- Bear Nuclear Bomb: Whale 0x8f3 has a sell order of 43,000 ETH at $4,000 (accounting for 31% of Binance depth).

- On-chain Underflow: Vitalik's associated wallet transferred 20,000 ETH to OTC platforms, suspected institutional off-exchange acquisition.

Tonight’s Battle Script

✅ Bull Market Continuation Conditions:

- Stabilize above $3,950 + Base chain TVL surpasses $7.5 billion (currently $7.1 billion).

- CME funding rate maintained <0.05%.

Flash Crash Trigger:

- Binance ETH perpetual contract open interest surpasses $11 billion + whale addresses showing unusual activity >30,000 ETH.

Overnight Momentum Formula:

> ETH Direction = (L2 Trading Volume × 0.4) - (Exchange Net Inflow × 1.2) + (ETF Flow Rate × 0.8)

> >0 Bullish | Current Value: +2.1 (Data Source: Artemis)

Cold Hard Reality: Today's L2 prosperity consumed $210 million in liquidity; if institutional buying cannot cover whale sell pressure, $4,000 will become a graveyard for bulls!

#ETH Trend