$ETH WHALE DISTRIBUTION MEETS RETAIL BUYING AT KEY SUPPORT 🔥
Whales offloaded 550,000 ETH (~$880M) in the past week, yet spot CVD data shows Taker Buy dominance at the $1,560 support zone. This divergence between supply pressure and retail absorption is rare.
RSI sits at 33, and the Binance liquidation heatmap reveals a massive short liquidity cluster from $1,590 to $1,600. If bulls can absorb the remaining whale supply and sweep that zone, the path to $1,800 and $2,000 opens. Failure to hold $1,560 suggests deeper downside.
Are you positioning for a long above $1,600 or waiting for a breakdown below $1,560?
Not financial advice. Always manage your risk.
#ETH #WhaleDistribution #SupportTest #CryptoAnalysis
🔥
Whales offloaded 550,000 ETH (~$880M) in the past week, yet spot CVD data shows Taker Buy dominance at the $1,560 support zone. This divergence between supply pressure and retail absorption is rare.
RSI sits at 33, and the Binance liquidation heatmap reveals a massive short liquidity cluster from $1,590 to $1,600. If bulls can absorb the remaining whale supply and sweep that zone, the path to $1,800 and $2,000 opens. Failure to hold $1,560 suggests deeper downside.
Are you positioning for a long above $1,600 or waiting for a breakdown below $1,560?
Not financial advice. Always manage your risk.
#ETH #WhaleDistribution #SupportTest #CryptoAnalysis
🔥