Ethereum faces a crucial moment, since it struggles to maintain above the level of $ 4,400 after several days of great volatility and persistent sales pressure. The recent market recession has put the defensive bulls, with the threat of a deeper correction that is coming if the support levels yield. Despite uncertainty, Ethereum continues to attract a significant interest of large investors, reinforcing the long -term narrative narrative in the asset.
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Capital rotation between Ethereum and Bitcoin remains one of the defining themes of this market cycle. While Bitcoin has shown signs of weakness after its recent maximums, Ethereum has benefited as institutions and whales change capital towards the second largest cryptocurrency. This trend suggests that Ethereum’s role as a central market engine is becoming even more pronounced.
According to the latest data from Santiment, Ethereum whales have added massive amounts from ETH to their portfolios in the last 24 hours. Such aggressive accumulation highlights the growing conviction among the big players, even when retail investors show signs of fear.
Whales add $ 1.1b in Ethereum as capital rotates from Bitcoin
Analyst Ali Martínez reports that whales bought 260,000 ETH in the last 24 hours, valued at around $ 1.1 billion. This amazing figure is not just another demand sign: it confirms a dynamic change that develops throughout the market, where intelligent money is turning out of Bitcoin and Ethereum.
Despite the strong volatility and the recent setback, Ethereum continues to show a remarkable resistance compared to Bitcoin. While Bitcoin has been losing key support levels and showing signs of impulse weakening, Ethereum has managed to maintain above the critical areas of structural demand. This divergence between the two main assets underlines the growing institutions of trust and the whales are placing in the long -term potential of Ethereum.
The accumulation of whales on such a scale often precedes significant market movements, since the big holders tend to position themselves in front of the largest participants in the market. The entrance of $ 1.1 billion in ETH emphasizes that the main actors see the value at the current levels, even when the market is consolidated.
As capital rotation intensifies, Ethereum is reinforcing its position not only as the leading alternative but as a market engine in its own right. Analysts suggest that this could prepare the stage for a decisive breakup in the coming weeks, with ETH potentially exceeding Bitcoin’s performance if current trends continue. The next few days will reveal whether this demand driven by whales is enough to feed the next great concentration of Ethereum.
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Ethereum price analysis: key support under pressure
Ethereum (ETH) is currently traded at $ 4,384, which shows consolidation signs after several days of volatility and sales pressure. The table emphasizes that ETH is testing critical support levels, with the 200 -day mobile average (red line) around $ 4,236 that act as an important demand zone. Maintaining this level is crucial, since a breakdown could accelerate losses towards the psychological brand of $ 4,000.
The 50 -day mobile averages (blue line) and 100 days (green line) are around slightly above the price action, showing eth fighting to recover the short -term impulse. Multiple rejections around the range of $ 4,600– $ 4,700 in recent weeks reveal a strong supply pressure, and sellers actively defend higher levels.
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Despite the current weakness, ETH has managed to maintain a higher low structure compared to its July base about $ 3,500, suggesting that the broader upward trend remains intact. However, the negotiation volume has decreased, pointing out a reduced conviction between bulls.
For ETH to recover the force, he must claim the level of $ 4,500 and turn it in support. Do not do ETH vulnerable to a greater inconvenience. In the short term, the region of $ 4,200– $ 4,250 is still the line in the sand so that the bulls are defended.
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