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Ethereum Drops 4% as Whales Exit, Analysts Still Bullish

Ethereum Drops 4% as Whales Exit, Analysts Still Bullish
Ethereum Drops 4% as Whales Exit, Analysts Still Bullish

Main notes

  • ETH has decreased by 4 % in 24 hours, and is currently trading near $ 2,400.
  • The activity of the whale indicates the profit or strategic profits.
  • The analyst sees the possibility of $ 4000 if ETH remains above $ 2,200.

ethereum

Eth
$ 1 845



24 hours fluctuation:
2.6 %


The maximum market:
222.72 dollars b



Folder. 24h:
14.22 dollars b

I took a break after a sharp increase last week, which rose to 2700 dollars. As of writing this report, ETH is trading about $ 2,400, which represents a 4 % decrease in the past 24 hours.

The decrease coincides with many large -scale movements, indicating the profit and loss by whale.


According to the data on the series of Lookonchain, the whales are just 7000 ETH, at a value of about $ 16.88 million, with great loss. This whale withdrew about $ 48.82 million from Binance between December 5, 2024 and January 13, 2025, when the value of ETH reached $ 3,622.

Despite the last sale, the whale still owns 6479 ETH (worth $ 15.66 million), which bears an unrealized loss of more than 16.28 million dollars.

Another whale managed to make a profit earlier today after suffering losses in three consecutive ETH deals. They sold 2534 ETH for about $ 5.86 million, which led to $ 1.9 million. Previously, her deals resulted in joint losses of $ 1.8 million.

Analysts remain optimistic

Despite the poor prices in the short term, the encryption analyst Ali Martinez stated that as long as the ETH exceeds the level of support of $ 2200, the following main resistance is located at $ 3000. It suggests that if the upward momentum continues, a move may occur about $ 4,000.

Likewise, Ferdrich, the encryption analyst, Hafez has a long -term difficulty, expecting a possible increase to $ 10,000.

It is important to note that ETH is still 51 % of its highest level at 4,891 dollars, which was achieved in November 2021.

ETH price expectations

On the daily chart, ETHEREUM recently fell from the upper range of Bollengerer, indicating cooling after gathering at the height of the purchase. The price is approaching the medium range (SMA for 20 days), which now works as a decisive support level.

ETH price chart with RSI and Bollinger Bands | Source: Trading Offer

If ETH decreases to the bottom of the medium range, traders can see price to $ 2200.

RSI is 60 years, to the highest levels near 80. This indicates a climbing momentum, but it still keeps eth outside the sale area. If the price rises, the ETH may restore $ 2,600, with more resistance near $ 2900.

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Baby’s mind (mind) before you gain momentum

ETHEREUM leads Altcoin Rally, and the hot in its wake is Mind of Pepe (Mind), which is a new Mimi -based Mimium currency that brings the real world use of the game.

Unlike most distinctive noise -based symbols, Mind of Pepe is organized around AI’s self -learning agent designed to provide exclusive market visions for its users.

Mind: the distinctive symbol and details of what

Mind of Pepe presented its ERC-20 code, which is also called the mind. Users give a strong AI dashboard, symbolic opportunities in the early stage, and share governance in forming the future of the platform.

Investors can already share the mind, with an annual return of 256 % that attracts long -term holders. So far, the project raised $ 9.58 million, with billions of mental symbols detained before its main launch.

Below are important pre -introductory details:

  • Distinguished code price: 0.0037515 dollars
  • The money was collected: 9.58 million dollars
  • Acceptable payments: Eth, USDT
  • index: mind
  • Building on: ethereum

The offer ends just 11 days ago, and the team may announce the high prices after that. If you are in artificial intelligence -based coins, you should be Mind of Pepe in your monitoring menu.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

Crossed currency news, news

Barth Dobby

Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.

Part Dubey on LinkedIn

The post Ethereum Drops 4% as Whales Exit, Analysts Still Bullish first appeared on Investorempires.com.

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