$ETH A Market Position and Sentiment of Ethereum

Ethereum #ETH🔥🔥🔥🔥🔥🔥 was trading at $1,581.17, down 1.54% at the time of publication. The sentiment towards Ethereum is visibly weaker than that of Bitcoin, with both crowd sentiment and smart money sentiment reinforcing a dominant bearish outlook. Any optimistic reversal may face resistance unless the fundamentals change quickly.

The on-chain position looks heavy, suggesting that traders and whales may avoid making strong moves until the dust from the expiration settles. In the past week, 15,000 BTC were withdrawn from exchanges, aligning with the optimistic stance of smart money and implying that large holders expect strength after the expiration.

In contrast, Galaxy Digital deposited 62,181 ETH worth $99.46 million into exchanges in just six days, including an inflow of $20.09 million into Binance just eight hours ago. These inflows often precede selling pressure or hedging behavior, especially when combined with bearish sentiment. This activity amplifies the downside risk for Ethereum unless a strong reemerging demand occurs quickly.

While Bitcoin shows early signs of resilience, Ethereum may be entering a more volatile phase—one heavily influenced by its expiration dynamics and whale flows.