$ETH Sun Yuchen whale sold 800 million to pledge 2.85 million, trillion-level bull and bear dark battle!
1. Technical aspects are triple heaven!
1. Trading volume: Dehydrated into a mummy, trading volume 15,124,546 hands, 8.6% less than the 5-day average volume (16,543,358), only 68% of the 10-day average volume (22,088,553).
2. MACD: Disco at the underwater grave, DIF: -17.54 DEA: -18.72 MACD: 2.37.
False golden cross, true life-threatening, red below the zero axis may be a death smoke bomb.
3. Moving averages: Meat grinder started, price joint slaughtered by the 5/10 day average volume line, dead cross into the 6th day.
2. Latest news aspects!
1. Spot ETF continues to attract funds: Ethereum spot ETF has net inflows for 12 consecutive days, totaling $321 million, while Bitcoin ETF net outflows reached $1.23 billion during the same period, forming a significant capital seesaw effect.
2. Pledge volume hits a new high: Current total pledge volume exceeds 32.8 million ETH, accounting for more than 27% of circulating supply, setting a historical record.
3. Whale and foundation movements: Sun Yuchen deposited 29,153 Ethereum into the exchange HTX, with a cumulative transfer of 227,000 ETH since November 2024, which may intensify selling pressure!
I am Chan Zhong Tan Zen, top technical support, serving only ambitious and visionary people!