【Whale Awakens, ETH Movement Alert! 🚨】
On April 18, a giant whale that had been silent for half a year suddenly took action! Withdrawing 6,000 ETH (approximately $9.49 million) from Kraken in one go, it has drawn the attention of on-chain monitoring.
📊 Technical Signals
- Bull-Bear Game: Currently, the bullish probability is 44.3%, with a focus on volatility; however, a MACD golden cross is emerging, and RSI is neutral (50.06), indicating potential short-term changes.
- Key Level Contest: The 1,580-1,590 range is tense, with resistance at 1,608; if broken, it may open up upward space; strong support below at 1,572.
- Whale Indicator: Smart money intensity at 52.87, the activity of large transactions has surged, possibly indicating that main funds are entering the market.
🔍 On-Chain Clues
- Exchange Net Outflow: Whales withdrawing to cold wallets is usually a signal for accumulation, indicating a long-term bullish outlook.
- Fear and Greed Index 70: Market sentiment is relatively optimistic, but caution is needed for short-term overheating and potential pullback risks.
💡 Strategy Recommendations
- If it holds above 1,590 with volume, consider a small long position; if it drops below 1,575, be cautious of a pullback to 1,540.
- Monitor the correlation with U.S. Treasury yields and the U.S. dollar index, as macro fluctuations may exacerbate volatility in the cryptocurrency market.
