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Is the Ethereum Price Top in? ETH Sell-Pressure Soars to $419M, Second Highest Level Ever


Key Disruption: It’s

  • The volume of the neut volume

  • The price is retraining a major resistance area near $ 4,000, ecoing on 202 December.

  • Hey could drop 25% -35% toward the key trendons since September.

The native token of eternal’s ether (Etth), can settle a top upper sign as their extended sales pressure sale.

Traders sell 115,400 more things they buy

Tuesday, the neuts volume of labeled for – 418.8 million, the second million everyday, with 115.4 more my coming, according to civil data.

Vivolu or NET CHANGE VENUE VS. Source: Criptomant

Net taker volume punches the difference between purchase and sell executed by market orders.

These “Taker” Prioritize Traordize Traords Executing the price, typically indicating urgency or fear. When refund sell volume vast the different the different, often suggests the capitulation or heavy profit.

Such an embalances sell massive sells a local top of marked historically, ” wrote Cripyquant analyst, casting in doubt of the sustainability of the eternal rally.

Ether can refuse 25% -35% later

The last Chiryridge in the Store Press is reached as the price of distribution of prepargently (,600 and $ 4,000, a nip when repeatedly agreed as a result of 2021.

Price price postcard to ets / USD. Source: Trading Speaks

Etherum has made a similar installment in December 2024. At the time of net volume has brusely negatively, and the election even trades close to this area of resistance.

What follows was a steep, with the price collapsing toward its 50 week (the red wave) and 200-week (the blue wave)

A similar result may unfold, with the path of riding of $ 3,600- $ annse, Volume Net Taker has run away, and weekly Relative force index (RSI) refreshing from overlooked.

The confluence of the estoses of extension the probability that the emms of their 50-week and $ 2.333, respect – the tent of the end of 2024.

In relation: Blackrock Bring Sign Up $ 465m Spot Etes Etf On Monday Exous

A drop to these support levels mark 25% -35% decaying from actual prices.

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