🚨 Bitcoin & Ethereum Whales Go On a Buying Spree! 🚨
Whale transactions are surging, causing a ripple effect across the crypto market. Just moments ago, reports surfaced of massive $ETH and $BTC movements, hinting at a potential market shift. Is this the signal for a new bull run? Let's dive into the details. ⚡
Current Situation 🔥
Bitcoin has stabilized around $111,200, showing resilience after a choppy week. Meanwhile, Ethereum is trading around $4,320, with its exchange reserves falling to a 3-year low. This could create a supply shock, reducing sell-side pressure and signaling a bullish outlook.
Technicals & Events 📈
BTC Support/Resistance: The crucial support level is holding at $110,000, while resistance lies near $114,000.
ETH Outlook: Analysts are bullish, with a daily close above $4,500 potentially paving the way to $5,000.
News: Fresh inflows into corporate crypto treasuries are boosting confidence, and a key court ruling could ease regulatory uncertainty.
Is this whale accumulation a sign of institutional confidence or just a temporary maneuver? 🤔
#ETH | This could be the next big shift—follow for more.
