Ethereum Price Prediction: Analysts Warn of Whale Selling as ETH Tests $4K
- Ethereum price today trades near $3,948 after breaking below the $4,000 level and key EMAs.
- $66.7M in net inflows mark one of September’s largest, signaling stronger selling pressure on exchanges.
- Whale wallets dump holdings, with addresses above 100K ETH declining sharply, raising bearish concerns.
Ethereum price today is trading near $3,948, slipping below the $4,000 mark after a sharp breakdown from its ascending trendline. The decline comes as whales accelerate selling, while inflows into exchanges highlight growing caution. Traders are watching the $3,800–$3,850 support zone as the key line of defense.
Ethereum Price Struggles Below Key Trendline
The 4-hour chart shows Ethereum breaking decisively under its multi-week ascending trendline around $4,200. Sellers forced price below the 20-, 50-, and 1…
Read The Full Article Ethereum Price Prediction: Analysts Warn of Whale Selling as ETH Tests $4K On Coin Edition.
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Ethereum Price Prediction: Analysts Warn of Whale Selling as ETH Tests $4K
- Ethereum price today trades near $3,948 after breaking below the $4,000 level and key EMAs.
- $66.7M in net inflows mark one of September’s largest, signaling stronger selling pressure on exchanges.
- Whale wallets dump holdings, with addresses above 100K ETH declining sharply, raising bearish concerns.
Ethereum price today is trading near $3,948, slipping below the $4,000 mark after a sharp breakdown from its ascending trendline. The decline comes as whales accelerate selling, while inflows into exchanges highlight growing caution. Traders are watching the $3,800–$3,850 support zone as the key line of defense.
Ethereum Price Struggles Below Key Trendline
The 4-hour chart shows Ethereum breaking decisively under its multi-week ascending trendline around $4,200. Sellers forced price below the 20-, 50-, and 1…
Read The Full Article Ethereum Price Prediction: Analysts Warn of Whale Selling as ETH Tests $4K On Coin Edition.
Read More
Ethereum Below $4,000 as BlackRock Trims Holdings and ETF Outflows Accelerate