$ETH
💥Breaking❤️! The Ethereum Foundation transferred 1000 $ETH, a decisive battle in the crypto market at the $3050 lifeline!
Just now! The Ethereum Foundation made a large transfer, sending 1000 $ETH (approximately $3.12 million) to an associated address on December 5, instantly igniting discussions in the crypto circle. But don’t panic! Historical data has long provided an answer—small transfers of less than 9000 and the price fluctuations of $ETH have no strong correlation; this operation is more likely a routine fund allocation by the foundation, unrelated to market sell-offs.
Currently, $ETH is at a critical juncture! On one side, after the Fusaka upgrade, futures buying surged, with a net inflow of over $58 million in spot trading in a single day, and institutions continue to increase their positions; on the other side, market sentiment remains in the “fear” zone, with $3050 being a short-term bull-bear dividing line. If it can’t break through the $3400 - $3500 resistance zone, it may drop to the $2800 support level at any time.
Remember! Keep a close eye on two key signals: whether the $3050 support holds strong and the trends in ETF approvals and whale movements. Small investors should avoid chasing highs and selling lows; wait for clearer direction before taking action!
