Well, the crypto worldโs been licking its wounds after that gnarly trade war that stooped in like a dust storm, sweeping away billions like they were nothing but tumbleweeds. Bitcoin strutted past $93,000 like a cowboy riding high, but Ethereum? Oh, Ethereum threw a lasso around a 10% jump in the last day, trying to hold onto that fresh $1800 perch like a prospector guarding his claim. Then, those big olโ whales took their cue, splashing around like kids in the creek and stirring up the water something fierce.
Word from the grapevine says one whale pocketed near 20,000 ETH โ a cool $34.7 million โ probably laughing into his hat. ๐๐ฐ
But hold your horses โ another whale decided to sneak off with 12,000 ETH from Binance, raising eyebrows and whispers of a nosedive lurking in the shadows. Yet, somehow, the selling stampede never quite materialized. Seems like the priceโs hanging on by its fingernails, intent on drifting upward like smoke from a campfire across the week.
Now, price did climb but stumbled short of that 50-day moving average at $1830 โ like a mule balking halfway up the hill โ as the bears snagged some spoils. Those lines they call conversion and base tangled up in a bullish handshake, but the ‘cloud’ looming overhead whispered caution, casting a shadow on a clear run. What we got here is a standoff, a quiet squabble where the bulls are knuckle-deep trying to keep the $1770 line from giving way, while the price waits in a narrow corral, pacing and restless.
Ethereumโs tagging just under $1800 now at $1797, the earlier excitement settling back under 10%. Thereโs a sturdy barricade at $1860, and if it gets smashed through, maybe we see a moonshot to $2000. But if the road bends the other way and the price slides into the $1750 holler, we might hitch a ride down past $1700 and face a little tumble.
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2025-04-23 17:57