The whales chose a side. And it's not the short side.
ETH whale positioning right now:
- Long: $830M
- Short: $302M
- Ratio: **2.7 to 1**
That's not a hedge. That's a conviction bet.
And this Friday, **$18.1 billion in BTC and ETH options expire.**
When the largest options expiry of the month meets the heaviest whale long positioning in months — something has to move.
My levels:
- Price now: **$2,747**
- Resistance: **$2,763 → $2,791 → $2,824**
- Support: **$2,707 → $2,732**
Tom Lee just called "a stronger move up." BitMine crossed 5M ETH in treasury. Vitalik was on stage at ETHShanghai talking about the future of finance.
The setup is there. Friday will tell us if the market has the conviction to execute it.
Which side of Friday's expiry are you positioned on — long or short?
$ETH
#Binance #ETH #Ethereum #Square #TrendingTopic $BTC
ETH whale positioning right now:
- Long: $830M
- Short: $302M
- Ratio: **2.7 to 1**
That's not a hedge. That's a conviction bet.
And this Friday, **$18.1 billion in BTC and ETH options expire.**
When the largest options expiry of the month meets the heaviest whale long positioning in months — something has to move.
My levels:
- Price now: **$2,747**
- Resistance: **$2,763 → $2,791 → $2,824**
- Support: **$2,707 → $2,732**
Tom Lee just called "a stronger move up." BitMine crossed 5M ETH in treasury. Vitalik was on stage at ETHShanghai talking about the future of finance.
The setup is there. Friday will tell us if the market has the conviction to execute it.
Which side of Friday's expiry are you positioned on — long or short?
$ETH
#Binance #ETH #Ethereum #Square #TrendingTopic $BTC
