ETH Whales Buy $360M Dip — But Why Is Smart Money Hesitating
Ethereum dropped 13% in just two days, but the big players are making moves. While the price feels shaky, the data tells a deeper story.
The Highlights:
Whale Accumulation: Whales added $360 Million worth of ETH during this crash. They clearly see value at these levels.
Bullish Divergence: The RSI is showing a hidden strength—lower price lows but higher RSI lows. Historically, this signals a trend reversal.
The "Smart Money" Gap: Professional traders are still sitting on the sidelines. They are waiting for a confirmed breakout before jumping back in.
Key Levels to Watch:
The Resistance Wall: $3,160 is the magic number. Over 3.4M ETH were bought here, making it a heavy supply zone.
Critical Support: If we lose $2,910, the next stop could be $2,610.
The Verdict: Whales are building positions, but the "Smart Money" wants proof. A daily close above $3,160 could trigger a massive short squeeze! 🚀$ETH
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