Alert: Massive Selling Pressure on $ETH in Binance USDT Market!
$ETH is experiencing an unusual selling surge on Binance, with a staggering 120M USDT traded in just 12 minutes, representing 11% of its daily volume.
This fast-paced action is shaking up the market, and traders are watching closely to see if this signals a deeper pullback or a potential reversal.
Here are the key details you need to know:
Current Price: $3,530 (down 1.20%, showing significant selling pressure).
24-Hour Volume: A massive 1.17B USDT, reflecting high levels of trading activity.
Last Alert: The previous alert for $ETH came 2 weeks ago, making this new surge even more noteworthy.
This sudden wave of selling could be due to a number of factors large investors taking profits, market sentiment shifting, or just a normal correction after a rally.
The fact that 11% of daily volume was traded in just 12 minutes shows that ETH is undergoing intense volatility.
What’s next for ETH?
While the current selling pressure is noticeable, ETH has proven resilient in the past.
This dip could be part of a larger consolidation before another price rally, or it could be the start of a deeper correction.
Pro Tip: Keep a close eye on support levels if ETH holds steady at a certain price, buyers may step in and drive the price back up. If selling
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