⚔️ BEAR REACTION – BULL COLLAPSE – WHALE ACCUMULATION #ETH🔥🔥🔥🔥🔥🔥
⏰ 7 PM on 23/05 – #ETH was strongly pushed down from the resistance zone $2.736
🔻 Decreased -4.6%, dropped to the zone ~$2.540 – mass liquidation of Long orders
🔥 Volume surged – a sign of a cleanout before a major volatility
⸻
📊 Technical data:
• RSI (1h) plummeting, losing short-term trend
• EMA (4H) broke strongly, closed below support $2.580
• ETH Dominance decreased from 9.42% → 9.13%
• ETH/BTC also dropped sharply → Money flow pulled out of altcoins
⸻
• Key zones to monitor:
• $2.500 – $2.480 (technical retracement)
• $2.224 – $2.070 (whale accumulation area)
⸻
⏳ What’s coming up?
• 30/05: FTX refund – could create “dump news”
• 18/06: Fed announces interest rates – could be a real bounce
→ This could be a trigger signal $ETH $BTC “shakeout” before a major upward trend!
$ETH
⏰ 7 PM on 23/05 – #ETH was strongly pushed down from the resistance zone $2.736
🔻 Decreased -4.6%, dropped to the zone ~$2.540 – mass liquidation of Long orders
🔥 Volume surged – a sign of a cleanout before a major volatility
⸻
📊 Technical data:
• RSI (1h) plummeting, losing short-term trend
• EMA (4H) broke strongly, closed below support $2.580
• ETH Dominance decreased from 9.42% → 9.13%
• ETH/BTC also dropped sharply → Money flow pulled out of altcoins
⸻
• Key zones to monitor:
• $2.500 – $2.480 (technical retracement)
• $2.224 – $2.070 (whale accumulation area)
⸻
⏳ What’s coming up?
• 30/05: FTX refund – could create “dump news”
• 18/06: Fed announces interest rates – could be a real bounce
→ This could be a trigger signal $ETH $BTC “shakeout” before a major upward trend!
$ETH