Ethereum, the recent trend has been mentioned no less than 5 times. So, should we buy or sell Ethereum recently?
1. Three hours ago, a whale from the Ethereum ICO deposited 4,160 ETH (approximately $14.5 million) into Kraken.
2. A whale related to Nexo recharged 4,946 ETH (approximately $17.2 million) to Binance within the past hour. Since December 2, Nexo has cumulatively deposited 114,262 ETH (approximately $423.3 million) into Binance, with an average price of $3,705.
3. The U.S. spot Ethereum ETF saw a net inflow of $53.6 million yesterday.
4. As of December 24, BlackRock's Ethereum ETF holds over 1 million ETH.
5. One of the major upgrades eagerly awaited by Warwick and other Ethereum supporters is the Pectra upgrade — the next significant milestone on Ethereum's roadmap, expected to launch in the first quarter of 2025.
6. From the current formation, the Ethereum moving average has crossed below the 30-day lifeline, making an immediate reversal less likely. Unless there is a significant volume breakout above the lifeline, resulting in a golden cross in the moving averages, a reversal is unlikely.
Currently, the daily level shows a volume decrease with a MACD golden cross, indicating a likely consolidation phase. The upper resistance is around 3,550. The lower support is at 3,300; if it falls below 3,300, one must be daring to build positions in batches. The second support is around 3,029 and 2,810.
I would like to remind you that after this pullback, do not short ETH; be cautious with short positions.
In January, the crypto market is warming up, and in the entire U.S. stock market, there are only two digital currency ETFs: BTC and ETH. BlackRock and MicroStrategy are buying aggressively. Do you think 4,000 is the peak of this Ethereum bull market?
If ETH pulls back again, what will you do? $ETH $BTC #2025有哪些关键叙事? #2025加密趋势预测