ETH Medium to Long-Term Bullish Signal: Whales Continue Accumulating, New and Old Players Increasing Positions

In the Ethereum ($ETH) market, old players continue to accumulate, and new players have not been deterred by the current price.

In the past 30 days, ETH whale groups have absorbed all market selling pressure; a large number of chips in the $2,500-$2,800 range have not significantly decreased. With traditional capital accelerating its involvement, if the trend of whale accumulation continues, the medium to long-term outlook for ETH is bullish.