🔻 ETH Drops from $3,348 to $3,336 – Whales Are Selling
Ethereum just failed to hold $3,348, slipping back to $3,336 — another strong rejection at resistance. 📊 Whale activity is heating up:
🐋 A whale moved 2,000 ETH (~$4.9M) to HitBTC at a 12% loss 💸 More large wallets are sending ETH to exchanges ⚠️ Clear signs of distribution, not accumulation
⸻
📉 Trade Setup
🔹 Sell zone: $3,340–$3,350 🔻 Targets: $3,300 → $3,200 🛑 Break above $3,360 would invalidate short bias
⸻
🧊 Market Feels Heavy — Whale Pressure Is Real
Use caution here. Momentum fading fast. This could break lower.
🚨 ETH Facing Strong Sell Wall at $3,350 – Whale Activity Spotted
Ethereum is struggling to break above $3,350, with multiple rejections showing clear resistance. On-chain data indicates big whales are moving ETH back to exchanges, signaling intent to sell.
The price is sliding from today’s high of $3,355 — a classic distribution pattern. Without a strong breakout, ETH could drop toward $3,200 or even $3,000 short term.
🔻 Sell zone: $3,340–$3,360 🎯 Targets: $3,200 → $3,000 📉 Whale pressure is real — caution advised.