Yo guys, $ETH Exchange Inflow Alert!
I just saw in Top Movers - $ETH Exchange Inflow! Red chart going down! $ETH moving to exchanges - People gonna sell!
You remember my ETH article? I said ETH lost $200 in 2 days! I said $2,280 bottom! That article got 383 views! But is $2,280 safe now after this inflow?
What Exchange Inflow Means?
When ETH goes to exchanges, whales moving ETH to sell! Not good! Last time inflow came, ETH dumped $200! Now again inflow - What will happen?
Right Now Market:
BTC at $80,457 testing $80,600 wall - Not breaking! At 21:03, BTC was $80,481 and $80,457 on 15m! We touched $80,600 at 01:46 and fell! Same wall!
Top 41 trader long from $79,800 with +$9,604 profit still holding since 10/26! He is bullish on $BTC! But ETH inflow is bearish!
If ETH dumps, BTC will dump too! $80,600 wall will reject and go $79K again!
I saw TAC hit 7D High +5.48% while ETH inflow! $AKE dropped -4.53% in 1 minute! One pumping, one dumping! Market hunting!
My Fear:
• ETH inflow - Selling pressure • BTC $80,600 wall rejecting - $80,457 now • If ETH breaks $2,280, next $2K! • If holds, maybe $2,500?
I am not buying ETH yet. Waiting. If ETH holds $2,280 after inflow, I buy. If breaks, wait for $2K.