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Key Disruption
The 200.5k eherer Growa to exchange August 1st, as the price has fallen below the mark of $ 3.550, she has not properly shutdown for short label. The price price continue, and how can you go?
Ether [ETH] The trades were below the $ 3.550 level that acted as a support from July 18th.
The Altcoin had trained a short term range that has reached $ 3.550 at $ 3.860. Its descent under the short-term support meant that a $ 3.2ko’s moves also $ 3k was possible.
Whale and the Insider moves to the pressure carried
In a Post on x, Lookonchain revealed that a whale had deposited 26.182 Etth In 48 hours to the popular exchanges, including the binance and kraken.
The timing of this influences suggest the power building potential.
Lookonchain also observed that bitsex co-founder Arthur hair she had Selling 2.373 etcworth $ 8.32 million.
Has sold even 7.76 million Eden [ENA] Is worth $ 4.62 million, calling in question the assumption of Bullish conviction from great tears of erent.
Adding to the trend of the bearish, Coacifici The data has shown that the open interest (oi) was in the 5,47%, in the time of picture, in the last 24 hours.
The focus fare was also positive but dropped Oi and the price showed feeling dominant folder.
August begins with the heaviest of eyes
Source: Criptomant
According to the encryption, average 7 days of netfolting of Enter the Business in July, picture -16,6,644 ED-TIME. This indicates the accumulation consisting.
However, the August 1st has seen 200,573 Ethereum of Etherum in exchanges. This was a sign of potential, especially when coupling with intense instructions in string. I am However, the flow of a day cannot decide the price tendency.
Price target and flip structure
Source: Ets / Usdt on Tradingw
The market structure could give a better idea of the prevailing tendency. At the time of picture, awesome of Fantastic 4 hours, was cut below the zero in the most recent business session.
More important, ehereum had fallen under the low range (orange) to $ 3.550.
The right gap value (white) to $ 3.2k, and the support of first in July to the $ 2,936, were the next targets for the label. The 50th of the period (green) has served as a dynamic support in recent time.
Their failure would make the case that the strongest case.
