Ethereum $3,107.3 Whale, ETH price by taking advantage of the decrease in the short position process reported that the significant profit. It was stated that 50 times leverage was used during the process and the effect of global market sales pressure was seen.
Price Analysis and Technical Indicators
As a result of sales fluctuation throughout the market, the price of Ethereum fell to around 3050 dollars. Technical analyzes, the opposite head and shoulder formation on the graph is observed to form.
Some analysts evaluate that the ETH price may move higher than $ 4000. In this context, positive orientation is expected in the Altcoin market in a short time.
Mags: “Ethereum may rise to $ 7500 after exceeding $ 4000 before the level of $ 4000.”
Liquidity and market dynamics
Market data show significant liquidity changes between investors. Especially the capital transfer from Solana to Ethereum draws attention. Analyst Titan of Crypto says that there is a critical support level in ETH/BTC parity.
Titan of Crypto: “Ethereum’s, Bitcoin
$99,465.0It seems possible to perform superior performance compared to. ”
According to the past data, February often travels positively for Ethereum, while investors’ expectations have increased. The relevant graphic and technical indicators reveal that strategic moves can be made.
Market mobility and liquidity transfers are closely monitored by other investors. These developments bring the importance of creating strategy based on data and technical analysis.
The fact that the process is carried out by making a short position gives the impression that it is provided to a certain extent. Experts, while making cautious evaluations about the future orientation of the market, investors should review their strategies in line with these data.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
