📊 Ethereum ( $ETH ) continues to move sideways, but under the hood, accumulation is gaining strength. On-chain data shows increased activity and strong accumulation from all investor tiers.
🐋 Whales are back in the game. Large Holders Netflow Ratio dropped from 4.28% to 0.62%, showing whales are withdrawing from exchanges—not selling. Spot Netflow stayed negative all week, signaling buyers are scooping up ETH off the market.
📈 Buyers dominate: The Taker Buy-Sell Ratio flipped positive, meaning aggressive market buys are outweighing sells—clear evidence of rising demand and conviction among bulls.
📍 Key levels to watch: ETH must break above $2,660 to target $2,830—a zone filled with liquidity that could ignite sharp price action. A decisive push past this opens the path to $3,000.
🛡️ Support to defend: $2,556 is the level bulls must protect. A breakdown below this could invalidate the bullish momentum.
⏳ Accumulation continues. The longer ETH builds this base, the more explosive the breakout could be.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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