#ETH走势分析 recently fell below 3000 USD, but what are the institutions doing? BTFD.
First, let's look at some numbers: BlackRock poured 199.73 million USD into a compliant platform to buy ETH, Bitmine increased their position by 72.52 million, and a giant whale single-handedly sold 162.77 million to buy in. Such a large amount of capital entering the market is clearly not there to catch falling knives.
The technical aspect is more interesting—this position of $2800 is not simple. The 20-day moving average is here, and the peak trading volume is also piled up here, providing multiple layers of support. Some analysts believe that if this defense line is maintained, ETH reaching $4500 is not a dream.
$ETH and $BTC 's current trends are also worth watching; the overall market sentiment is actually quite subtle. Institutions are buying the dip while retail investors are panicking, why?
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fren.eth
· 12-01 06:08
BlackRock's operation is really ruthless; retail investors are still struggling with Cut Loss, while they have already accumulated at the 2800 bottom.
The institutions are buying the dip at such a fast pace, indicating they already have a plan in mind. I've heard the phrase "4500 is not a dream" too many times... but this time it really feels different.
If 2800 cannot hold, it will be another massacre; I choose to continue waiting.
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OneBlockAtATime
· 11-28 13:48
Large institutions are frantically buying, can the 2800 barrier really hold? It feels like 4500 won't be that simple.
#ETH走势分析 recently fell below 3000 USD, but what are the institutions doing? BTFD.
First, let's look at some numbers: BlackRock poured 199.73 million USD into a compliant platform to buy ETH, Bitmine increased their position by 72.52 million, and a giant whale single-handedly sold 162.77 million to buy in. Such a large amount of capital entering the market is clearly not there to catch falling knives.
The technical aspect is more interesting—this position of $2800 is not simple. The 20-day moving average is here, and the peak trading volume is also piled up here, providing multiple layers of support. Some analysts believe that if this defense line is maintained, ETH reaching $4500 is not a dream.
$ETH and $BTC 's current trends are also worth watching; the overall market sentiment is actually quite subtle. Institutions are buying the dip while retail investors are panicking, why?