BlackRock buys crazily for 229 million yuan! $ETH 2506, may you see unrealized gains of 28%—do you follow?
Wall Street is buying, the giant whales are charging, while retail investors hesitate.
Technical analysis: ETH current price is 2506. On the 1-hour chart, the MACD has a bearish cross with convergence. RSI is 46.63, neutral but slightly weak. The Bollinger Bands are narrowing, and price is hovering between the upper-middle range of 2500–2566, with both bulls and bears in a standoff.
On-chain breakdown: Within the past 9 hours, BlackRock aggressively bought 9,340 units of $ETH + 2,559 units of $BTC . A new wallet withdrew 10,170 ETH from Fidelity. Maji further added 1,100 units; its holdings are valued at $73.92 million, with an average cost of 2469 and unrealized gains of 28%. Although the 24h trading differential for the main force is negative, institutional-grade spot buying is quietly accumulating.
Personal view: After three consecutive days of decline, around 2500 there are signs of intensive institutional buying. Near-term support looks strong, and a rebound is favored.
Trading idea: Go long aggressively at 2500–2506, or take a more conservative approach by going long on a pullback near 2490.
BlackRock is still buying! Keep an eye on Tang Seng. If you want to know when to enter, I’ll push it to you the first time there’s an on-chain move in the chat room. #比特币升破8万美元创三月新高
Wall Street is buying, the giant whales are charging, while retail investors hesitate.
Technical analysis: ETH current price is 2506. On the 1-hour chart, the MACD has a bearish cross with convergence. RSI is 46.63, neutral but slightly weak. The Bollinger Bands are narrowing, and price is hovering between the upper-middle range of 2500–2566, with both bulls and bears in a standoff.
On-chain breakdown: Within the past 9 hours, BlackRock aggressively bought 9,340 units of $ETH + 2,559 units of $BTC . A new wallet withdrew 10,170 ETH from Fidelity. Maji further added 1,100 units; its holdings are valued at $73.92 million, with an average cost of 2469 and unrealized gains of 28%. Although the 24h trading differential for the main force is negative, institutional-grade spot buying is quietly accumulating.
Personal view: After three consecutive days of decline, around 2500 there are signs of intensive institutional buying. Near-term support looks strong, and a rebound is favored.
Trading idea: Go long aggressively at 2500–2506, or take a more conservative approach by going long on a pullback near 2490.
BlackRock is still buying! Keep an eye on Tang Seng. If you want to know when to enter, I’ll push it to you the first time there’s an on-chain move in the chat room. #比特币升破8万美元创三月新高
