⚠️ Ethereum has been quite volatile these days, gradually warming up today, but there are clearly divisions in the market.
✅ In simple terms, many early holders of Ethereum feel that the price is good and have started to sell off to cash in. Data shows that players who have held for more than a month are selling in large quantities, with ETH and several other types reaching recent high points of profit-taking.
🌏 A few whale addresses have sold off over 50 million dollars' worth of ETH in just three days, putting considerable pressure on the market, with the price temporarily dropping below 4100 dollars.
💥 On the other hand, there are also traders choosing to buy the dip during the pullback. That “big player” who turned a 125,000 dollar investment into tens of millions of profits by rolling over has not only recovered all his principal but also used the profits to continue bullish with 25 times leverage. Some “smart money” also opened long positions when the price dropped to around 4080 dollars, believing this to be a good entry point.
‼️ Now the price has bounced back to around 4300 dollars, indicating that the battle between bulls and bears is intense. In the short term, market sentiment has shifted from previous euphoria to caution, and the follow-up trend will be crucial, potentially depending on whether the buying during these pullbacks can withstand the selling pressure. #加密市场回调