$ETH WHALES DUMPED 880M BUT SPOT BUYERS ARE ABSORBING IT ๐ง
Entry: 1,560 ๐ฅ
Target: 1,800 ๐
Whale wallets have distributed 550,000 ETH worth nearly $880 million over the past week. That's heavy supply hitting the market, yet the Spot Taker CVD flipped to Taker Buy dominant โ meaning retail and smaller traders are actively buying the dip at the 1,560 support.
The liquidation heatmap shows a massive cluster of shorts stacked from 1,590 to 1,600. If bulls can sweep that zone, the path opens toward 1,800. RSI at 33 suggests oversold conditions. Are you betting on a short squeeze or a breakdown?
Not financial advice. Always manage your risk.
#ETH #LongSetup #WhaleDistribution #Breakout #Crypto
๐ฅ
Entry: 1,560 ๐ฅ
Target: 1,800 ๐
Whale wallets have distributed 550,000 ETH worth nearly $880 million over the past week. That's heavy supply hitting the market, yet the Spot Taker CVD flipped to Taker Buy dominant โ meaning retail and smaller traders are actively buying the dip at the 1,560 support.
The liquidation heatmap shows a massive cluster of shorts stacked from 1,590 to 1,600. If bulls can sweep that zone, the path opens toward 1,800. RSI at 33 suggests oversold conditions. Are you betting on a short squeeze or a breakdown?
Not financial advice. Always manage your risk.
#ETH #LongSetup #WhaleDistribution #Breakout #Crypto
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