$ETH Giant whale pledges 25,000 pieces! Three major hidden dangers in on-chain data!
Market often sprouts in despair and unfolds in hesitation. Currently, the ETH market is caught between 'despair' and 'hesitation', waiting for a signal to break the deadlock.
1. Latest news on-chain! Three major hidden dangers!
1. A certain whale has pledged 25,000 ETH, valued at 79.48 million USD.
2. Eight hours ago, they deposited 100,000 USD into Hyperliquid to replenish margin, and the buddy has increased the Ethereum long position, now increasing to 5,300 ETH.
3. According to monitoring by Hyperinsight, '1011 insider giant whale' has started to increase ETH long positions by more than five times in the last five minutes and continues to add positions.
2. Latest technical analysis! Three key points!
1. In terms of trading volume: significantly reduced, the four-hour volume bar is very low, and market trading is light. Both bulls and bears are waiting for external forces to break the balance.
2. In terms of MACD, the fast and slow lines continue to decline after a dead cross above the zero axis, with the momentum bar showing negative values, indicating that the downward momentum is still being released, but the momentum has slowed compared to the most intense phase.
3. In terms of MA moving averages: short, medium, and long-term moving averages are pressing down like a ceiling, especially the 3000 USD integer barrier, which has become a strong resistance zone. Therefore, from a technical chart perspective, the bearish arrangement has not changed, meaning the short-term trend still favors the bears.
Take note! The market is always changing. The key question arises: do you think the 'catalyst' that will break the current deadlock will be a sudden black swan or a much-anticipated substantial positive news?
I am Gao Ge, top technical support, focusing on the field of trading technology, only serving those with vision and ambition!
