Ether whales have been ramping up their ETH buying since the token dipped to yearly lows in April, according to crypto sentiment platform Santiment. “In exactly 5 months, they have added 14.0% more coins,” Santiment said in an X post on Wednesday, referring to whale holders with 1,000 to 100,000 ETH, valued between $4.41 million and $440.81 million. Ether (ETH) is trading at $4,376, and is now up 197.30% from its yearly low of $1,472 on April 9, according to CoinMarketCap.
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Some predictions about $spark: 1. The biggest resistance for this rebound is at 30M. 2. After several key influencers hyped it, the retail ratio has gone up. 3. This is just a rebound for now; a real second leg would mean breaking the ATH. 4. Best not to FOMO in at the top—protect your principal.
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$BTC - D1 Key points: - D1 trend disrespected = mostly expecting chopfest - D1 100 MA x prev Range High = main area of interest to add to btc exposure/bull-bear line - Retest of this, or new D1 trend defended = back to more aggressive longs See June PA as perfect example (D1 trend lost into H4 EAM/MA compression, gave a move up, retraced into more D1 chopfest... and ideally ends the same way with new D1 uptrend).
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