A giant whale is buying back stETHCoin World reported that according to Twitter user Ember Monitoring, the giant whale wallet 0xBoby1337 sold 3,728 stETH (approximately US$6.71 million) at a price of US$1,802 on June 10. He is gradually repurchasing stETH. At present, he has spent 4 million USDT to buy back 2343 stETH, with an average price of 1707 US dollars.
MET1! trade ideas
ETH1! Will Go Down! Short!
Here is our detailed technical review for ETH1!.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1847.5.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1600.0 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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Huang Licheng's 2 addresses spent 1442 ETH to purchase 14.1% of Coin World reported that according to Lookonchain monitoring, the two addresses of "Brother Moji" Huang Licheng spent a total of 1442 ETH (about 2.6 million US dollars) to purchase 9.42 million JIMBO, with an average price of 0.2763 US dollars, accounting for 14.1% of the total supply .
A bull market will follow ????Hello friends and good night
Ethereum
4 hours analysis
The first possibility: the two impulse patterns can be 1.2 and 1.2, and we are currently correcting the second impulse pattern (1.2), which will be corrected by 50 to 61.8% and the bull market will continue.
The second possibility: It is a flat pattern whose wave (C) has not yet been completed (impulse pattern) which will continue the downward trend until the price of $1000 and then the bull market will continue.
The third possibility: We are correcting the downward trend that a zigzag pattern has been completed and the bear market will continue until the price of $500 to $600, the bull market will begin.
Good luck and be patient in your dealings.
I appreciate your support.
I have considered these possibilities based on my personal experience. If there is a weakness in the analysis, it is because of my lack of experience, and please accept my apologies, guys.
Bearish on Ethereum Hi guys again....
watch this intriguing Ethereum chart I will sell all crypto currencies on 2500$ of ethereum price .....
look at major resistances in that vicinity around 2500$ ,,,,, keep that in mind . A big sell off in crypto usually occurs after fake bullish breakouts .....
lets discuss with me on that ,...
I am waiting for your comments bellow .
$ETH up on GOOD VOLUMECRYPTOCAP:ETH is umping today.
Over last few days we clearly stated that #crypto started to look better
See the volume? That is looking good, VERY GOOD SIGN!!!
#ETH leads and #altcoins follow.
But I thought #memecoin ripping meant the end?
Patterns & historical data can change.
That is why we've stated >>>>>>>>>>>>>>>>> Previous data NO LONGER valid! Fork, halving, wallet counts, on chain, and what not no longer matter.
Futures and derivatives are dictating moves. This is a very young market and can be moved by whales. Until it gets much larger that kind of data, what was mentioned before, only helps only so much.
Just A Personal Chart.Lets see how well these magnets can pull.
Down wave into our looming recession.
Recession pump (Its a trap)
New lows for ETH (Probably from low usage)
Start our macro wave 3 move for ETH (Should persist until 2029/2030)
This is just speculation.
ETHs next ATHs (Before wave 4) will be in Q1 2030.
As Always,
Good Luck And Safe Trading.
$ETH outperformed $BTC recently, how does it look now?Look into CRYPTOCAP:ETH
#ETH move looks similar > #BTC, right?
#ethereum tends to outperform #bitcoin after big runs & toward the end.
BUT
Don't see it as the end.
50% Fib roughly 2950
DOESN'T MEAN THIS YEAR or ASAP. It just means that it's a magnet.
Always keeping eye on #crypto #altcoin & especially #memecoins. They help signify cycles.
Another UPDATE on $ETH & it looks GOOD!#ETH looked like it wanted to pump & our bias showed on the last post .
$ETH is currently BREAKING the downtrend and LOOK AT THAT VOLUME!!!!!!!!!!!!!!!!!!
THIS IS IMPORTANT!
If this keeps up this is a GREAT indicator for $ETH and #altcoins.
While there is a nice amount of SHORT COVERING this is MOSTLY BUYING!
#BTC is also having the short covering but it's MOSTLY BUY volume.
However, #bitcoin is trying to end the bear by an inverse head & shoulder pattern & the neckline is RESISTANCE.
It breaks & it'll get it's own post.
$ETH is again @ a major inflection point$ETH looks the best it has in weeks.
#ETH, like #BTC, gapped up & the volume is good. However, it's being stopped by the MAJOR DOWNTREND it's been in.
RSI looks good, momentum is there, & this means that we could very well be @ a point where it breaks this LONG DOWNTREND.
This is HUGE as it would be extremely bullish for #ethereum. That in turn would be VERY GOOD for #altcoins.
Amid all this chaos, why?
Could be the extreme weakness in the US #Dollar, #yields CRASHING, or could be the recent pump by takeovers, like #HSBC, & FDIC.
More on rates $TNX & $DXY in another post.
This is certainly going to be interesting. We could be @ the beginning of a BULL cycle for #crypto. BUT, PATIENCE.