$ETH is on the brink of death. A whale alliance is forming to defend the $3,000 - $3,100 support zone.
š¹ The three largest wallet are agreeing to open Long position with a total value of more than $400 million. This is a huge vote of confidence for the uptrend.
šø The dense buy wall at $3K is supporting the price. However, if the daily candle closes below this level, $ETH is at risk of falling another 8-10%.
š¹ CMF turning positive and MACD going flat signal that the selling pressure has weakened.
In your opinion, is the $400 million of whales enough to stop the decline or will it become a delicious bait to liquidate if it breaks $3K?
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