🔥 The
$ETH Crisis Zone: Why Smart Money is Buying While Retail Panics
I see the fear.
$ETH is hovering near the crucial $3,000 psychological level, and many are scared of a capitulation that makes recovery "difficult." The market is currently in a "bottom-building phase" and could remain choppy in the short term.
The TA Line in the Sand:
Technical analysis shows a critical battle at the $2,900–$3,050 support range. A sustained daily close below $2,945 is the danger zone, likely sending us toward $2,700-$2,550. Watch this line closely.
The Whale Flip (On-Chain Data):
Here’s the key divergence. While sentiment is weak, smart money is reloading. A major whale who previously shorted 66,000
$ETH just flipped, aggressively accumulating over 90,000 ETH in the recent dip! Furthermore, institutions like BlackRock have been receiving substantial ETH transfers. They are betting this is the opportunity.
My Insight:
Don't let short-term fear cloud long-term conviction. The accumulation by massive wallets suggests this downturn is being treated as a gift. Control your risk, but don't ignore the signals. The risk-reward is tightening.
Are you following the FUD or scaling in with the whales? Drop your
EOY 2025 target below!
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#Ethereum #TA
#WhaleWatching #CryptoTrading #BinanceSquare