đŁ ETH Update â Whales vs. Death Cross! đ„đ§
#ETH #TechnicalAnalysis #BullishVsBearish #ema #OnChainData
Whales have accumulated around 200,000 ETH (~US $775M) in the last 48 hours â signaling growing market confidence and strong accumulation momentum.
But a possible âdeath-crossâ (20-day EMA dipping below 100-day EMA) could introduce bearish pressure, potentially dragging ETH down toward ~US $3,680 if bulls fail to defend support.
đ Key Level to Watch
ETH needs a daily close above ~US $4,069 to avoid further downside and restore bullish structure.
đš Unstaking Watch
More than 2.4M ETH remain queued for unstaking â if big allocations unlock and sell later, liquidity pressure may rise.
â Whales accumulating strong
â ïž Technical risk from death-cross
đŻ Levels: $4,069 (breakout) | $3,680 (breakdown)
đ§ Trend: Neutral â Slight Caution
Market mood: Battle between accumulation & correction.