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The Ethereum (ETH) Foundation has provided detailed information regarding the discontinuation of Goerli testnet support. The foundation stated that the Dencoon upgrade will be the last upgrade on the Goerli testnet. Therefore, developers of applications and tools are recommended to use the Sepolia testnet for developing dapps, smart contracts, EVMs, and other related applications. Additionally, stakers and infrastructure providers are encouraged to utilize the Wholesky testnet. It's important to note that once the Dencoon upgrade is activated on the Goerli testnet, all clients and the Ethereum Foundation development team will cease validator operations three months afterward or one month after the mainnet upgrade. Developers and stakeholders should plan accordingly for this transition. #EthereumWhales #Goerli #testnet
The Ethereum (ETH) Foundation has provided detailed information regarding the discontinuation of Goerli testnet support. The foundation stated that the Dencoon upgrade will be the last upgrade on the Goerli testnet. Therefore, developers of applications and tools are recommended to use the Sepolia testnet for developing dapps, smart contracts, EVMs, and other related applications. Additionally, stakers and infrastructure providers are encouraged to utilize the Wholesky testnet.
It's important to note that once the Dencoon upgrade is activated on the Goerli testnet, all clients and the Ethereum Foundation development team will cease validator operations three months afterward or one month after the mainnet upgrade. Developers and stakeholders should plan accordingly for this transition. #EthereumWhales #Goerli #testnet
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Bullish
we are printing money in this volatile market hope you can see in my added photos. ➡️If you want premium signal like this join my binance live stream ⬅️ click my profile photos to join my live stream. #EthereumHigh #EthereumWhales #ETH
we are printing money in this volatile market hope you can see in my added photos.

➡️If you want premium signal like this join my binance live stream ⬅️

click my profile photos to join my live stream.

#EthereumHigh #EthereumWhales #ETH
A mega ALTSEASON starts when an altcoin pumps 2x-5x in its BTC pair, Now 90% of alts are still near their all time lows in BTC pairs. This is the time to accumulate alts for 2024-2025 mega season. Trillion are about to flow into crypto, Massive bull market is coming 🔥 #BTC #EthereumWhales #ETFTrends $BTC $ETH $SOL
A mega ALTSEASON starts when an
altcoin pumps 2x-5x in its BTC pair,

Now 90% of alts are still near their all
time lows in BTC pairs.

This is the time to accumulate alts for
2024-2025 mega season.

Trillion are about to flow into crypto,
Massive bull market is coming 🔥
#BTC #EthereumWhales #ETFTrends $BTC $ETH $SOL
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Bearish
📊 EmberCN reports 90,102 ETH ($207M) transferred to 0x413 address from Celsius' ETH PoS staking, followed by movement to exchanges like Coinbase and OKX. 💼💰 #CryptoTransfers #EthereumWhales
📊 EmberCN reports 90,102 ETH ($207M) transferred to 0x413 address from Celsius' ETH PoS staking, followed by movement to exchanges like Coinbase and OKX. 💼💰 #CryptoTransfers #EthereumWhales
🚀 Whale's Symphony: 16,240.15 #ETH ($38.28M USD) Takes Center Stage at Coinbase! 🎶🌐 🕛 In a captivating encore, a crypto whale orchestrated the transfer of 16,240.15 $ETH to #Coinbase around 12 hours ago. Notably, this follows a strategic withdrawal of these assets from Coinbase on December 4th, 2023. 🔗 Whale's Realm: Dive into the Wallet Address👇 0x55fcc20a0ba7f536fa5ace0fc08ffb4fbdbf7244 💭 The crypto community ponders—will this majestic whale unveil a grand sell-off of the ETH? The narrative unfolds, and enthusiasts await the next chapter in this crypto saga! #eth #EthereumWhales 🚨 Disclaimer: The crypto realm is intricate; actions may be influenced by various factors. This insight is observational, not financial advice. Proceed cautiously and conduct thorough research. 🌐✨ 😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🚀 Whale's Symphony: 16,240.15 #ETH ($38.28M USD) Takes Center Stage at Coinbase! 🎶🌐

🕛 In a captivating encore, a crypto whale orchestrated the transfer of 16,240.15 $ETH to #Coinbase around 12 hours ago.

Notably, this follows a strategic withdrawal of these assets from Coinbase on December 4th, 2023.

🔗 Whale's Realm: Dive into the Wallet Address👇
0x55fcc20a0ba7f536fa5ace0fc08ffb4fbdbf7244

💭 The crypto community ponders—will this majestic whale unveil a grand sell-off of the ETH? The narrative unfolds, and enthusiasts await the next chapter in this crypto saga!

#eth #EthereumWhales
🚨 Disclaimer: The crypto realm is intricate; actions may be influenced by various factors. This insight is observational, not financial advice. Proceed cautiously and conduct thorough research. 🌐✨

😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🚨 Crypto Awakening! 🌊 A Dormant Whale Stirs: 5,000 #ETH ($11.3M) Deposited to Coinbase 11 Hours Ago! 📈 💰 The Resurrected Whale Now Holds 20,398 $ETH (45.88M)! 👛 Wallet Address: 👇 0xab3c66a06a5940b811ad1d98d8b6ea5456657993 🔗 Transaction Hash: 👇 0xa252bbd0651360b09f75b58f920e8c3293c5ed4d3abb0d057c1f24902102068e 🌐 Stay tuned for more crypto tales as the dormant whale charts its course! #eth #ETHUSDT #EthereumWhales 🚨 Disclaimer: This information is provided for informational purposes only. Always conduct thorough research before making any financial decisions. 🚨 😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🚨 Crypto Awakening! 🌊 A Dormant Whale Stirs: 5,000 #ETH ($11.3M) Deposited to Coinbase 11 Hours Ago! 📈

💰 The Resurrected Whale Now Holds 20,398 $ETH (45.88M)!

👛 Wallet Address: 👇
0xab3c66a06a5940b811ad1d98d8b6ea5456657993

🔗 Transaction Hash: 👇
0xa252bbd0651360b09f75b58f920e8c3293c5ed4d3abb0d057c1f24902102068e

🌐 Stay tuned for more crypto tales as the dormant whale charts its course!

#eth #ETHUSDT #EthereumWhales
🚨 Disclaimer: This information is provided for informational purposes only. Always conduct thorough research before making any financial decisions. 🚨

😍 A small LIKE and FOLLOW, Motivates me a lot 😍
📈 Turning $1 into Thousands: Unleashing the Potential on Binance 🌐💰 👉 Navigating the challenges of trading with a mere $1 on Binance is feasible. Here's your roadmap to progress: 🚀🚀 📊 Spotting High-Voltage Coins: - Seek cryptocurrencies with elevated volatility for potential rapid growth. Keep in mind, higher volatility means higher risk. 🔄 Begin with Fractional Moves: - Binance enables fractional purchases. Start small by acquiring a fraction of a cryptocurrency instead of the whole unit. 🎓 Empower Yourself with Knowledge: - Dive into technical analysis and chart patterns for informed decision-making. Abundant resources online and on Binance await your exploration. ⛔ Implement a Stop-Loss Shield: - Safeguard your $1 investment by consistently setting stop-loss orders. Crucial when dealing with a modest amount. 🤲 Craft a Risk Management Strategy: - Avoid putting all your $1 into a single trade. Diversify and manage risk, staying within what you can afford to lose. 🧘 Embrace the HODL Approach: - Opt for a "buy and hold" strategy over day trading for prolonged periods. Cryptos may be volatile short-term but exhibit long-term potential. 📰 Stay Informed: - Keep abreast of cryptocurrency news and market trends to make informed decisions. 🧰 Leverage Binance's Toolkit: - Explore Binance features like staking, savings, and lending to generate passive income from your modest investment. 📚 Extract Wisdom from Experience: - Treat your $1 investment as a valuable learning experience. Insights gained will guide future decisions with larger sums. ⌛ Cultivate Patience: - Small investments may take time to witness significant growth. Patience becomes your ally in the dynamic world of cryptocurrency trading. 🚫 Trading cryptocurrencies involves inherent risks, with no guaranteed profits. Only invest what you can comfortably afford to lose. 💡 #BTC #EthereumWhales #Binance
📈 Turning $1 into Thousands: Unleashing the Potential on Binance 🌐💰

👉 Navigating the challenges of trading with a mere $1 on Binance is feasible. Here's your roadmap to progress: 🚀🚀

📊 Spotting High-Voltage Coins:
- Seek cryptocurrencies with elevated volatility for potential rapid growth. Keep in mind, higher volatility means higher risk.

🔄 Begin with Fractional Moves:
- Binance enables fractional purchases. Start small by acquiring a fraction of a cryptocurrency instead of the whole unit.

🎓 Empower Yourself with Knowledge:
- Dive into technical analysis and chart patterns for informed decision-making. Abundant resources online and on Binance await your exploration.

⛔ Implement a Stop-Loss Shield:
- Safeguard your $1 investment by consistently setting stop-loss orders. Crucial when dealing with a modest amount.

🤲 Craft a Risk Management Strategy:
- Avoid putting all your $1 into a single trade. Diversify and manage risk, staying within what you can afford to lose.

🧘 Embrace the HODL Approach:
- Opt for a "buy and hold" strategy over day trading for prolonged periods. Cryptos may be volatile short-term but exhibit long-term potential.

📰 Stay Informed:
- Keep abreast of cryptocurrency news and market trends to make informed decisions.

🧰 Leverage Binance's Toolkit:
- Explore Binance features like staking, savings, and lending to generate passive income from your modest investment.

📚 Extract Wisdom from Experience:
- Treat your $1 investment as a valuable learning experience. Insights gained will guide future decisions with larger sums.

⌛ Cultivate Patience:
- Small investments may take time to witness significant growth. Patience becomes your ally in the dynamic world of cryptocurrency trading.

🚫 Trading cryptocurrencies involves inherent risks, with no guaranteed profits. Only invest what you can comfortably afford to lose. 💡

#BTC #EthereumWhales #Binance
THE IMPORTANCE OF ROLESThere are growing concerns about how to qualify for Airdrops, giveaways and white list whenever we join a new or existing discord server.Over the years many got the benefit of having mouth watering tokens just by having important roles. Those roles should be paramount to anyone who wishes to position him/herself for rewards and get the best out of any project.ISLAMIC COIN DISCORD SERVER ROLES.The last Airdrop/Giveaway from Islamic coin only got to those who hold pioneer roles and have performed some on chain transactions. Many actually missed it due to negligence and nonchalant attitude. But the good news is that more rewards are coming and there is still time to get other roles which may be a deciding factor for another Airdrop.FOLLOW THIS STEPS TO CLAIM YOUR ROLES:🔰Claim Novice Role (Wave 1): https://galxe.com/IslamicCoin/campaign/GCNzWUSc3kWhen you have claimed the Novice role, verify your account on Guild to claim Guild member role and ISLM Maxi role on Discord.● Go to your Twitter profile and add this emoji to the end of your Twitter name: 💚🌙(Not on your username) and add " #ISLM_MAXI " on your Twitter bio.● Verify your account at Guild:https://guild.xyz/islamic-coin🔰Claim Supporter Role (Wave 2): https://galxe.com/IslamicCoin/campaign/GCNzWUSc3k✅ Congratulation, now you have all roles (Novice role, Guild member role, ISLM Maxi role, and Supporter role).#islm #btc #EthereumWhales $ISLM #BinanceTournament #link

THE IMPORTANCE OF ROLES

There are growing concerns about how to qualify for Airdrops, giveaways and white list whenever we join a new or existing discord server.Over the years many got the benefit of having mouth watering tokens just by having important roles. Those roles should be paramount to anyone who wishes to position him/herself for rewards and get the best out of any project.ISLAMIC COIN DISCORD SERVER ROLES.The last Airdrop/Giveaway from Islamic coin only got to those who hold pioneer roles and have performed some on chain transactions. Many actually missed it due to negligence and nonchalant attitude. But the good news is that more rewards are coming and there is still time to get other roles which may be a deciding factor for another Airdrop.FOLLOW THIS STEPS TO CLAIM YOUR ROLES:🔰Claim Novice Role (Wave 1): https://galxe.com/IslamicCoin/campaign/GCNzWUSc3kWhen you have claimed the Novice role, verify your account on Guild to claim Guild member role and ISLM Maxi role on Discord.● Go to your Twitter profile and add this emoji to the end of your Twitter name: 💚🌙(Not on your username) and add " #ISLM_MAXI " on your Twitter bio.● Verify your account at Guild:https://guild.xyz/islamic-coin🔰Claim Supporter Role (Wave 2): https://galxe.com/IslamicCoin/campaign/GCNzWUSc3k✅ Congratulation, now you have all roles (Novice role, Guild member role, ISLM Maxi role, and Supporter role).#islm #btc #EthereumWhales $ISLM #BinanceTournament #link
#ethupdates #EthereumWhales ETH is in a consolidation phase for a long period of time while the altcoin leaders such as sol, avax,rune, and inj took the leadership of liqudity now they have to take a rest and give the leadership back to bitcoin and ethereum so here is my vision for next move for eth after a quick correction to 2000-2100 area ...we will see a swing back to 2400-2600 as 1st target and it will represent like 20 - 25 percentage SO here is our first trade eth buy zone between 2000-2100 TP1 : 2400 TP2 : 2600 ENJOY Mr.Money
#ethupdates #EthereumWhales
ETH is in a consolidation phase for a long period of time while the altcoin leaders such as sol, avax,rune, and inj took the leadership of liqudity now they have to take a rest and give the leadership back to bitcoin and ethereum so here is my vision for next move for eth after a quick correction to 2000-2100 area ...we will see a swing back to 2400-2600 as 1st target and it will represent like 20 - 25 percentage
SO here is our first trade
eth buy zone between 2000-2100
TP1 : 2400
TP2 : 2600
ENJOY
Mr.Money
🚨 CRYPTO WHALES ON THE MOVE! 🐋 Witness Giant $ETH Accumulation Tactics by Whales 0xAA15 and 0x9314! 📈 Explore Their Strategic Trails Now! 🌐🔍💹 🐋 Giant whales are on an #ETH accumulation spree! 🌊 👉 0xAA15 executed a power move, withdrawing 5,762 ETH (15.06M) from Binance just 2 hours ago. Their strategic buying game has been strong, acquiring 50,733 ETH (99.2M) at an average cost of $1,955 since September 19, 2023. 📈 👉 Meanwhile, 0x9314 made a bold splash, spending 7.29M USDT to grab 2,800 #Ethereum in the last 2 hours. Their masterful accumulation journey includes acquiring 82,780 ETH (150.3M) at an average price of $1,816 since January 1, 2023. 🚀💡 📍 Explore the whale territories: 0xAA15: Check it out here!👇 0xaa1582084c4f588ef9be86f5ea1a919f86a3ee57 0x9314: Take a peek here!👇 0x931433324e6b0b5b04e3460ef3fb3f78dda3c721 #EthereumRally #EthereumWhales 🌐 Dive into the crypto seas and follow the whale trails! 🔍 😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🚨 CRYPTO WHALES ON THE MOVE! 🐋 Witness Giant $ETH Accumulation Tactics by Whales 0xAA15 and 0x9314! 📈 Explore Their Strategic Trails Now! 🌐🔍💹

🐋 Giant whales are on an #ETH accumulation spree! 🌊

👉 0xAA15 executed a power move, withdrawing 5,762 ETH (15.06M) from Binance just 2 hours ago. Their strategic buying game has been strong, acquiring 50,733 ETH (99.2M) at an average cost of $1,955 since September 19, 2023. 📈

👉 Meanwhile, 0x9314 made a bold splash, spending 7.29M USDT to grab 2,800 #Ethereum in the last 2 hours. Their masterful accumulation journey includes acquiring 82,780 ETH (150.3M) at an average price of $1,816 since January 1, 2023. 🚀💡

📍 Explore the whale territories:

0xAA15: Check it out here!👇
0xaa1582084c4f588ef9be86f5ea1a919f86a3ee57

0x9314: Take a peek here!👇
0x931433324e6b0b5b04e3460ef3fb3f78dda3c721

#EthereumRally #EthereumWhales
🌐 Dive into the crypto seas and follow the whale trails! 🔍

😍 A small LIKE and FOLLOW, Motivates me a lot 😍
#SEI is super cheap targeting .2868 with my price target at 7$ on 2024. Thanks me later $BTC $MATIC #EthereumWhales
#SEI is super cheap targeting .2868 with my price target at 7$ on 2024. Thanks me later
$BTC $MATIC #EthereumWhales
ETHEREUM Bullish Momentum Fades: Are Bears About to Take ControlEthereum experiences a pullback as the momentum of its recent rally begins to wane.Concurrently, Bitcoin undergoes a decline, sliding from $45,000 to levels below $41,000.In response to these market dynamics, traders are redirecting their attention towards alternative tokens such as Solana and Avalanche.According to Coingabbar Technical Analysis, Ethereum faces a significant decline, breaking the crucial support level of $2,200.ETH, is currently in a bearish phase, raising concerns about a potential drop below the key $2,000 mark.The decline in Ethereum's value is attributed to its inability to sustain momentum around the $2,330 resistance zone.The price of ETH is once again dipping below the $2,200 support, indicating a bearish trend.Several bearish signals are evident, suggesting the possibility of further decline below $2,000.On the 4-hour chart, Ethereum is seeking support around $2,140, with a potential retest of the $2,300-$2,400 level if this support holds.Failure to hold the support level may lead to a more pronounced decline, with $2,000-$1,900 becoming a plausible target. KEY LEVELS : RESISTANCE LEVEL : $2,180-$2,230 SUPPORT LEVEL : $2,090-$2,040 Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice. #dyor #crypto2023 #dyor #BinanceSquareAnalysis #EthereumWhales $ETH

ETHEREUM Bullish Momentum Fades: Are Bears About to Take Control

Ethereum experiences a pullback as the momentum of its recent rally begins to wane.Concurrently, Bitcoin undergoes a decline, sliding from $45,000 to levels below $41,000.In response to these market dynamics, traders are redirecting their attention towards alternative tokens such as Solana and Avalanche.According to Coingabbar Technical Analysis, Ethereum faces a significant decline, breaking the crucial support level of $2,200.ETH, is currently in a bearish phase, raising concerns about a potential drop below the key $2,000 mark.The decline in Ethereum's value is attributed to its inability to sustain momentum around the $2,330 resistance zone.The price of ETH is once again dipping below the $2,200 support, indicating a bearish trend.Several bearish signals are evident, suggesting the possibility of further decline below $2,000.On the 4-hour chart, Ethereum is seeking support around $2,140, with a potential retest of the $2,300-$2,400 level if this support holds.Failure to hold the support level may lead to a more pronounced decline, with $2,000-$1,900 becoming a plausible target.
KEY LEVELS :
RESISTANCE LEVEL : $2,180-$2,230
SUPPORT LEVEL : $2,090-$2,040
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#dyor #crypto2023 #dyor #BinanceSquareAnalysis #EthereumWhales $ETH
✔️ BTC at $42,800, ETH at $2,280. The index of fear and greed is 72 (greed). The altcoin season index is 53. The market capitalization is $1.578 trillion. 👇 From the news: 💰 Interchain Foundation will allocate $26.4 million in 2024 for the development of the Cosmos ecosystem. ⚡️ The spot BTC-ETF from Bitwise is registered with the Depository Trust & Clearing Corporation with the ticker BITB. 👀 The SEC has postponed its decision on the application for registration of the Invesco Galaxy Ethereum-ETF spot until February 6, 2024. Thoughts on coins: 📉 Applicants for Short: - NTRN - INJ 📈 Applicants for Long: - BIGTIME - ATOM #BTC #etf #EthereumWhales #cryptocurreny #Digest
✔️ BTC at $42,800, ETH at $2,280.
The index of fear and greed is 72 (greed).
The altcoin season index is 53.
The market capitalization is $1.578 trillion.

👇 From the news:
💰 Interchain Foundation will allocate $26.4 million in 2024 for the development of the Cosmos ecosystem.
⚡️ The spot BTC-ETF from Bitwise is registered with the Depository Trust & Clearing Corporation with the ticker BITB.

👀 The SEC has postponed its decision on the application for registration of the Invesco Galaxy Ethereum-ETF spot until February 6, 2024.

Thoughts on coins:
📉 Applicants for Short:
- NTRN
- INJ
📈 Applicants for Long:
- BIGTIME
- ATOM

#BTC #etf #EthereumWhales #cryptocurreny #Digest
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Bullish
1. Ultra Sound Money data shows Ethereum destroyed 105,248 ETH and issued 70,655 ETH in the past month. 2. This resulted in a net decrease of 34,579 ETH in the Ethereum supply. 3. Lower supply often triggers increased demand and potentially higher Ethereum prices. 4. The reduction in supply is only one factor influencing cryptocurrency prices. 5. Numerous factors beyond supply affect Ethereum's value in the market. 6. The evolving Ethereum network's dynamics might influence market reactions. 7. Ethereum's value is subject to a complex interplay of market forces. 8. Changes in supply and demand dynamics can have long-term effects on Ethereum's value. 9. Ethereum's ongoing development may further shape its supply and demand trends. 10. Observing how these changes impact Ethereum's value remains an intriguing aspect of its market evolution.  #EthereumWhales #ETH
1. Ultra Sound Money data shows Ethereum destroyed 105,248 ETH and issued 70,655 ETH in the past month.

2. This resulted in a net decrease of 34,579 ETH in the Ethereum supply.

3. Lower supply often triggers increased demand and potentially higher Ethereum prices.

4. The reduction in supply is only one factor influencing cryptocurrency prices.

5. Numerous factors beyond supply affect Ethereum's value in the market.

6. The evolving Ethereum network's dynamics might influence market reactions.

7. Ethereum's value is subject to a complex interplay of market forces.

8. Changes in supply and demand dynamics can have long-term effects on Ethereum's value.

9. Ethereum's ongoing development may further shape its supply and demand trends.

10. Observing how these changes impact Ethereum's value remains an intriguing aspect of its market evolution. 

#EthereumWhales #ETH
🚀🚀🚀 Surging #EthereumWhales Transactions Hint At Upcoming $ETH Price Rally Ethereum (ETH), the world's second-largest cryptocurrency, has experienced a significant rebound, surging nearly 15% in the past ten days from its recent lows of $3,000. At the time of writing, the Ethereum price stands at $3,510, marking a 1.1% increase, reaching a pivotal point with a market capitalization of $421 billion. - Accumulation of Ethereum by Whales Recent insights provided by crypto analyst Ali Martinez reveal a notable uptick in whale transactions involving Ethereum (ETH) amid the recent price correction. This surge in whale activity is seen as a #bullish signal, suggesting potential upward movements in Ethereum's price in the near future. - Price Outlook for Ethereum Analysts anticipate the Ethereum price rally to extend to $4,000 and potentially reach its all-time high of $5,000 by the end of the year. However, opinions are divided regarding the approval of a spot Ethereum ETF, with major players like Bitwise expressing optimism about SEC approval by mid-May 2024. - Recent ETH Price Action Following a downward correction, Ethereum briefly fell below the $3,550 mark before finding support around $3,450, mirroring movements in the Bitcoin market. Subsequently, bullish momentum emerged, leading to a rebound in price, with a low formed near $3,459. Ethereum surged past the $3,520 resistance and the 50% Fibonacci retracement level from its recent dip, while also breaking a key bearish trend line near $3,540 on the hourly chart. Ethereum is currently above $3,520 and the 100-hourly Simple Moving Average. Near-term resistance is expected around $3,600, followed by a significant barrier at $3,630, corresponding to the 76.4% Fibonacci retracement level. Upside potential extends to $3,680, possibly leading to a push towards $4,000. On the downside, initial support is at $3,480, with further targets at $3,250. Source - coingape.com #CryptoNews🔒📰🚫 #BinanceSquareTalks
🚀🚀🚀 Surging #EthereumWhales Transactions Hint At Upcoming $ETH Price Rally

Ethereum (ETH), the world's second-largest cryptocurrency, has experienced a significant rebound, surging nearly 15% in the past ten days from its recent lows of $3,000. At the time of writing, the Ethereum price stands at $3,510, marking a 1.1% increase, reaching a pivotal point with a market capitalization of $421 billion.

- Accumulation of Ethereum by Whales

Recent insights provided by crypto analyst Ali Martinez reveal a notable uptick in whale transactions involving Ethereum (ETH) amid the recent price correction. This surge in whale activity is seen as a #bullish signal, suggesting potential upward movements in Ethereum's price in the near future.

- Price Outlook for Ethereum

Analysts anticipate the Ethereum price rally to extend to $4,000 and potentially reach its all-time high of $5,000 by the end of the year. However, opinions are divided regarding the approval of a spot Ethereum ETF, with major players like Bitwise expressing optimism about SEC approval by mid-May 2024.

- Recent ETH Price Action

Following a downward correction, Ethereum briefly fell below the $3,550 mark before finding support around $3,450, mirroring movements in the Bitcoin market. Subsequently, bullish momentum emerged, leading to a rebound in price, with a low formed near $3,459.

Ethereum surged past the $3,520 resistance and the 50% Fibonacci retracement level from its recent dip, while also breaking a key bearish trend line near $3,540 on the hourly chart.

Ethereum is currently above $3,520 and the 100-hourly Simple Moving Average. Near-term resistance is expected around $3,600, followed by a significant barrier at $3,630, corresponding to the 76.4% Fibonacci retracement level.
Upside potential extends to $3,680, possibly leading to a push towards $4,000. On the downside, initial support is at $3,480, with further targets at $3,250.

Source - coingape.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks
🐋📉 LookOnChain reported that a whale sold 3,150 Ethereum (ETH) worth approximately $6.37 million in the last hour at an average price of $20.23. The realized profit from this transaction was $546,000. Notably, this same whale had purchased 27.62 ETH worth $5.04 million on November 2 at an average price of $18.25, marking a successful trade. 🤑💹🐳 #EthereumWhales #CRYPTOTRADINGBOTS
🐋📉 LookOnChain reported that a whale sold 3,150 Ethereum (ETH) worth approximately $6.37 million in the last hour at an average price of $20.23. The realized profit from this transaction was $546,000. Notably, this same whale had purchased 27.62 ETH worth $5.04 million on November 2 at an average price of $18.25, marking a successful trade. 🤑💹🐳 #EthereumWhales #CRYPTOTRADINGBOTS
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