Just hours ago, a crypto whale scooped up 10,000 ETHworth over $25.32 millionon Gemini. While retail
Just hours ago, a crypto whale scooped up 10,000 ETHworth over $25.32 millionon Gemini. While retail investors panic during price drops, the big players are clearly playing the long game. So, should you follow their lead or sit this one out? Lets break it down.
Ethereum Price Analysis – Whats Happening Right Now?
Despite a recent dip, Ethereum remains one of the most actively traded and held crypto assets globally. With whales accumulating, the big question is — what does the chart tell us?
Ethereum Price Prediction – Buy or Hold?
Looking at the latest daily chart:
ETH/USD 1-day chart - TradingView
The RSI sits at 67.41, close to the overbought zone but still showing momentum for further upside. Price action recently broke out above the 50-day SMA at $1,876, confirming bullish sentiment. While were seeing minor consolidation under $2,535, this could be a healthy cooldown before the next leg up.
Portfolio Manager Verdict:
Smart money is buying, and historically, following the whales has paid off well. If Ethereum holds above the $2,200 zone, the next target could be $2,800 – $3,000.
How to Trade Ethereum on Bitget
Ready to ride the next ETH wave? Trading on Bitget is fast, secure, and comes with multiple options for spot and futures trading.
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Dont forget — with Bitget, you can also earn passive income on your ETH holdings using Bitget Earn while you wait for the next price surge!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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