š ETH/USDT ā 4H Candle Breakdown & Whale Watch (Aug 11, 2025)
Candle Behavior & Whale Signals:
Aug 3 ā Aug 9: Strong green candles with solid bodies, low wicks ā steady accumulation, likely by big players pushing the trend up.
Aug 9 ā Today: Smaller-bodied candles with alternating red/green ā whales slowing the pace, letting retail traders buy before possibly pushing higher.
Long upper wick at $4,348 ā clear sign of profit-taking at resistance. Whales may be testing supply zones to see how much selling pressure exists.
Support defended around $4,252 (25MA) multiple times ā strong buy walls absorbing dips, a common whale accumulation tactic before a next leg up.
Trade Plan:
Bullish Scenario: Buy near $4,250ā$4,200 support if volume stays healthy. First target $4,348, second target $4,500.
Bearish Scenario: If candles close below $4,185 with high volume, short-term correction toward $4,050 is likely.
Key Whale Watch: Sudden spike in green volume bars near support usually means whales stepping in ā a strong long entry signal.