NEWSLETTER
TL;
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The whales accumulated 110,000 eth during the recent fall, indicating a possible pricing.
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Despite the market accident, many analysts are still optimistic, and some imagine a new ATH for eth in the following months.
Is it finally time for a bomb?
The cryptocurrency sector has witnessed a severe decline In recent days, with its total market capitalization fall below $ 2.8 billion. bitcoin (btc) has dropped approximately 19% weekly, while its largest rival, ethereum (eth), has drawn even more substantial losses.
The price of the latter collapsed briefly below $ 2,100. At the moment, It is quoted at around $ 2,150 (due to Coingcko data), which represents a 22% drop in seven days.
According to two essential elements, however, Correction could be replaced soon by a resurgence. The popular user x Ali Martinez <a target="_blank" class="editor-rtfLink" href="https://x.com/ali_charts/status/1895157195878343145″ target=”_blank” rel=”noopener” data-wpel-link=”external”>revealed that the whales had bought 110,000 eth during the dip. The stash is equivalent to almost $ 240 million (calculated at continuous rates).
These developments reduce the circulating offer of the asset, which can make it more valuable over time (assuming that the demand is not directed south). In addition, the shares of large investors could be imitated for smaller players who could inject new capital into the ecosystem.
ethereum's Relative Force Index (RSI) is the second factor that is worth mentioning. The technical analysis tool, which measures the speed and change of price movements, has <a target="_blank" class="editor-rtfLink" href="https://www.cryptowaves.app/relative-strength-index/eth” target=”_blank” rel=”noopener” data-wpel-link=”external”>sunken Well under the Alcista brand of 30.
At the moment, It is found in approximately 22, which suggests that eth could be oversized and due to a possible rebound. On the contrary, readings above 70 indicate that the asset could be about For a setback.
Price predictions
Despite eth's poor performance latelyNumerous market observers remain optimistic that the asset could experience a bull race.
The x user Captain Faibik <a target="_blank" class="editor-rtfLink" href="https://x.com/CryptoFaibik/status/1895351098665574570″ target=”_blank” rel=”noopener” data-wpel-link=”external”>provided A demonstration up to $ 12,000 in early 2026, seeing current conditions as a perfect purchase opportunity.
Earlier this month, crypto Beast also contributed. <a target="_blank" class="editor-rtfLink" href="https://x.com/cryptobeastreal/status/1892508258360832253″ target=”_blank” rel=”noopener” data-wpel-link=”external”>said
“You I have to Pay close attention because it will only last 4 to 6 months. bitcoin, eth, Sun and many Alts will explode. I will tell you exactly when carry earnings. You will regret not follow, ”they said.
It is important to keep in mind that the eth price was well above $ 2,700 at the time of prediction.
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