$ETH Ethereum, go hard! Straight to the point
No need for all those fancy indicators—let’s speak human language—
Institutions are accumulating aggressively. The ETF has seen net inflows for 5 straight days, and BlackRock put in $150 million in a single day. That’s not something retail can compare to. The big players are even harsher: one address has hoarded 4,000 ETH in a week at an average price of 2,399, and it’s all sitting in profit right now. This morning, another 146 million ETH was transferred out of Binance—this clearly looks like a “won’t sell no matter what” kind of move.
That weekend “high-plateaus dive” blew up 880 million, washing out all the leveraged gamblers. Now the market is light as paper—nudge it even slightly and it can fly. Plus, with the dollar weakening, gold and Bitcoin are both surging—what reason does Ethereum have to lag behind?
Of course, Friday’s Fed speech could be a “bomb,” but before that, market sentiment was pretty warm. The shorts got blasted so badly they were screaming. We don’t have much money, so we’ll just take a bite of the institutions’ soup.
Swing trading strategy: go long—this market will definitely break the 3,000 level. Every pullback is an opportunity to get in. Each swing move that gets drawn out is meant to have someone taking down a big chunk of profit. (For the exact entry timing, 👇come to my Binance chatroom to get real-time info-edge👇)#ETH
No need for all those fancy indicators—let’s speak human language—
Institutions are accumulating aggressively. The ETF has seen net inflows for 5 straight days, and BlackRock put in $150 million in a single day. That’s not something retail can compare to. The big players are even harsher: one address has hoarded 4,000 ETH in a week at an average price of 2,399, and it’s all sitting in profit right now. This morning, another 146 million ETH was transferred out of Binance—this clearly looks like a “won’t sell no matter what” kind of move.
That weekend “high-plateaus dive” blew up 880 million, washing out all the leveraged gamblers. Now the market is light as paper—nudge it even slightly and it can fly. Plus, with the dollar weakening, gold and Bitcoin are both surging—what reason does Ethereum have to lag behind?
Of course, Friday’s Fed speech could be a “bomb,” but before that, market sentiment was pretty warm. The shorts got blasted so badly they were screaming. We don’t have much money, so we’ll just take a bite of the institutions’ soup.
Swing trading strategy: go long—this market will definitely break the 3,000 level. Every pullback is an opportunity to get in. Each swing move that gets drawn out is meant to have someone taking down a big chunk of profit. (For the exact entry timing, 👇come to my Binance chatroom to get real-time info-edge👇)#ETH
