Ethereum’s recent run to new all-time highs around $4,887 has everyone buzzing, fueled by big money flowing in and hopes for interest rate cuts. Whales are loading up—even one legendary Bitcoin holder is sitting on over $160 million in profits. At the same time, some major players are locking in gains, hinting that not everyone thinks this party will last forever.
The charts look hot: moving averages are bullish, showing strong momentum. But now, the MACD just flashed a bearish signal and volatility is picking up. That’s a classic sign the market’s driven by greed right now—traders chasing gains at full throttle, but risk is rising. If too many people get greedy, a correction or pullback could be around the corner, especially with big holders starting to cash out.
In short: FOMO and greed are fueling ETH’s rally, but smart traders are watching closely for signs this wave might break.
