Crypto Queen Analist

07/27 16:18

Samyukhtha-7-1-1-1200x675.webp The altcoin is c

Samyukhtha-7-1-1-1200x675.webp

The altcoin is climbing with one hand tied – spot strength is real, but leverage remains a liability

Ethereum is showing signs of strong accumulation and tightening supply, but lingering leveraged positions may trigger a sharp dip before any breakout. 

Ethereum [ETH] is walking a tightrope near $3,780; a price level that’s frustrating the bears but hasn’t yet rewarded the bulls as well.

While on-chain data indicates strong accumulation, fresh liquidation charts suggest further shakeouts are ahead. With $2 billion in USDT minted and 244K ETH leaving Coinbase, big players may be positioning.

#Claim1,200 USDT in the Monthly Creation Challenge#HTX 12th-Anniversary Carnival#Justin Sun's 35th Birthday Bash#Do you think MemeCore is promising?#HTX Crypto Gifts Carnival Is Live!

2Share