๐ Ethereum Analysis
Current Technicals & Risks: ETH is under pressure lately โ on-chain data shows a record-high Binance leverage ratio, which raises liquidation risks if price moves sharply.
Support Zone: Key support is forming around $3,500, which analysts see as a major pivot for either a bounce or further drop.
Bull Scenario: If support holds, ETH could push back toward $4,300โ$4,500 in the coming weeks.
Long-Term Upside: Some analysts project a potential $10,000+ ETH over the next few years, backed by large wallet accumulation and improving on-chain sentiment.
Macro Risks: Thereโs growing macro-driven volatility and liquidation risk due to leveraged positions.
Institutional Flows: Big players (โwhalesโ) are accumulating again. This could be a sign of long-term confidence.
Scenarios to Watch:
Bearish: If $3,500 breaks โ possible deeper correction.
Bullish: Hold that zone โ potential rebound toward $4,300+.
Longer-Term: Watch if ETH clears key resistance โ could set up for a multi-year breakout.
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โ๏ธ โEthereum is testing major support around $3,500 while Binance leverage skyrockets โ risk of liquidation is real, but if buyers defend, a move to $4,300โ$4,500 looks possible. ๐ Big whales are back in accumulation mode, hinting at confidence in a multi-year breakout. At the same time, macro volatility could trigger sharp swings. โ ๏ธ Trade smart, and keep an eye on on-chain flows.โ
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