#ETHRally #ETHRally Ethereum’s recent rally pushed prices above $4,600, fueled by bullish sentiment and broader crypto market momentum. However, excitement was tempered when Ethereum Foundation linked wallets sold nearly 2,800 ETH, worth about $12.8 million, within hours. The largest chunk is 1,100 ETH was sold in just five minutes. While such transactions often spark speculation, the Foundation is known for periodic treasury management to fund operations, grants, and ecosystem growth. Analysts note that despite the size, the sale is minor compared to Ethereum’s liquidity and supply. Still, in a market driven by psychology, even routine moves by key stakeholders can nudge sentiment and short-term price action.#BTC #ETH $ATH
This chart, taken from TradingView, provides a detailed breakdown of the current trading setup for Rocket Pool (RPL) against Tether (USDT) on Binance.
*Chart Breakdown:*
1. *Current Price:* $5.50 (+0.18%)
2. *Buy & Sell Prices:*
- Sell Price: $5.50
- Buy Price: $5.51
3. *Entry & Stop Levels:*
- Entry: $5.50
- DCA (Dollar-Cost Averaging) Zone: $5.24 (marked in re_d )
4. *Take Profit (TP) Levels:*
- TP 1: $5.84
- TP 2: $6.15
- TP 3: $6.47
5. *Technical Indicators:*
- Trendline: supporting the price, indicating an uptrend
- Green box: highlighting a support zone where price has bounced before
- red box: marking a stop-loss zone
*Analysis:*
This chart suggests a long (buy) trade setup with a risk-reward strategy. The trade targets higher resistance levels (TPs) while managing risk with DCA and stop-loss strategies. The trendline indicates a bullish momentum, provided it holds.
*Key Takeaways:*
- Long trade setup with defined entry, stop-loss, and take-profit levels
- Risk-reward strategy in place to manage potential losses
#BTCHashratePeak MD AMINULL Islam 123 Aug 5 Moldovan regional leader sentenced to seven years in prison over Russian funding
A court in Moldova has sentenced the pro-Russia regional leader Yevgenia Gutsul to seven years in prison for funnelling Russian money to finance a political party, in a landmark case that will further fuel tensions with Moscow.
Prosecutors said Gutsul systematically funnelled undeclared funds into Moldova between 2019 and 2022 to finance the now-banned pro-Moscow Șor (Shor) party, founded by Ilan Shor, a pro-Russia businessman living in exile who was convicted of fraud in Moldova.