ETH is being snatched up by institutions! BlackRock swept up 50 million in 10 minutes, can retail investors still get on board?
#ETH巨鲸增持 #ETH走势分析 #加密市场观察 #加密市场反弹
ETH has recently become a hot commodity in the eyes of institutions! BlackRock spent 50 million USD in just 10 minutes to scoop up, which left me stunned! However, the price is stuck around 3250, is this an opportunity or a trap? In this wave, some will definitely get rich while others may suffer losses!!
News
Institutional buying is simply insane! BlackRock received 50.64 million USD worth of ETH in 10 minutes, accumulating 354 million USD over three days; even Bit couldn't sit still, directly buying 62.85 million USD worth of ETH with a new address. What does this indicate? Large institutions are rushing in, and they are more optimistic about ETH's future than we might think!
Technical Analysis
The 4-hour chart shows that ETH is in a "bull-bear tug of war". The upper range of 3250-3370 is a strong resistance area, and the bears are closely watching this position; the lower range of 2875-2750 is an important support band, and the bulls are on high alert here. Right now, ETH feels like it's walking a tightrope, with pressure above and support below, urgently needing to choose a direction!
Personal Opinion and Trading Advice:
In my view, ETH is on the "eve of a breakout". Institutions are buying heavily + there’s a battle for key technical levels, which is a typical signal for a market shift, but now the weekend market may experience narrow fluctuations, so it’s advisable to observe. I suggest adopting a "sell high, buy low" strategy: you can try shorting with a small position around 3250; when it dips to around 2875, you can gradually go long. Remember, when institutions are competing, retail investors need to respond flexibly!
Although institutional buying is a positive sign, the short-term technicals still carry a risk of correction. Be sure to control your position, set stop-losses, and don’t put all your eggs in one basket!
