The big fish has eaten the small fish! In just 4 hours, 4.37 million USD was crazily dumped, and the whale directly sold 39 WBTC to exchange for ETH. This move is quite aggressive! Acquiring ETH at an average of 2502 USD, what does that indicate? It indicates that large funds are voting with their feet, and this pullback in Ethereum is a golden opportunity!
1749 ETH is no small number. Based on the current coin price, this whale has directly shifted their position from BTC to ETH, clearly bullish on the ETH ecosystem's explosive potential. The technical aspect is also in sync; $ETH has been stuck at the 2500 USD position for three days, marking the critical point for the battle between bulls and bears. Now, there is substantial capital lighting the fuse.
In terms of operations, you must keep up with the rhythm! The 2500 USD position is the line between life and death; if it breaks below, retreat; if it stabilizes, increase the position! Pay close attention to the resistance zone at 2550-2600 USD. If it can break through in one go, we could see 2800 USD directly! But don't be stubborn; market sentiment can change quickly, set your stop-loss properly, and don’t let the whale throw you off the bus!
This wave of position switching is not retail behavior; it's an elephant dancing! Moving forward, it will either lead the charge to push the price up or violently wash out positions. But no matter how it moves, at the 2500 USD price level, if you’re not ambushing now, don’t complain later when it breaks through!
Pay close attention! Recently, based on on-chain data and news monitoring, Sister Rong has discovered a potential coin that is about to skyrocket. The position is too heavy and may cause issues, so it’s not convenient to disclose it. Currently, I’m leaving ten slots for those who want to recover losses and wait for the flowers to bloom; raise your hand below so I can see you.