ETH / USDT — spot analysis | 25.01.2026

ETH has slightly declined, and the market immediately got nervous 😬

ETFs are offloading — down $600+ million, the technicals are bearish: EMA and MACD are pressing down 📉

But there is a nuance: whales have collected over 350k ETH for ~$1 billion 🐳

On-chain is alive — active addresses, transactions, and DeFi loans are increasing. The network is pumping, but not breaking ⚙️

Insight from the analyst: ETF noise is short-term, while whale accumulation is a signal in favor of the medium term. Consolidation is possible before the next move.

👉 Keep an eye on $ETH

ETH

2,941.14

+2.39%

or trade on Binance — average your positions wisely!