Ether Lee Rium has been at a decisive stage in battle to maintain a level of $ 2,500 after a few failed attempts of more than $ 2,700 in recent weeks. The wider market is under pressure, but this Retetium still focuses on analysts who believe that getting out of this range can ignite a full -fledged altseason. Although volatility is increasing, emotions are slowly moving as chain and market activities show encouraging trends.
One of the most powerful signals comes from Binance, where Ether Lee Rum Whale's activity is rapidly increasing. According to recent data, in late 2023, large -scale orders have been flooded again since May 19, the same signal as ETH's explosive rally before ETH's explosive rally.
As macroeconomic uncertainty continues to form a financial market, the ability to maintain more than $ 2,500 of ETH can determine the next major movement in the encryption market. If the buyer exerts strength, Ether Lee can lead the fee for Altcoin in the next few weeks. At this time, as the merchants can be a pivotal escape, all eyes are in price and whale behavior.
Ether Leeum Whale returns to a blinking optimal signal.
Ether Lee has been chasing after Bitcoin for the past year and struggled to build momentum, facing continuous sales pressure and discord price behavior. The BTC reached a new highest record, but ETH was trapped in the range, disappointed investors, and many questioned the leadership in the Altcoin space.
But recent price behaviors tell different stories. In the last few weeks, Ether Lee has entered a more constructive stage. Despite the designated scientific tension, especially the continuous tension between the United States and China, Ether Lee has attempted to reclaim more than $ 2,500 with elasticity. Changes in emotions are now being strengthened by warm chains and market data.
Darkfost, the top analyst, shared an attractive indicator that shows that Ethereum whales are once again activated in Binance. His chart combines spots and futures market activities, cumulative volume and moving average to create a rare all -in -one signal. The signal lasted the last time in December 2023, just before a few weeks of $ 2,200 to $ 4,000.
According to the Darkfost, a large -scale purchase order of whales has been forced to be forced to Binance since May 19. The surge in mass activities is a very encouraging signal and can indicate the initial stage of the new trend.
Ether Lee Price Analysis: Bulls defends the main support of range integration.
Ether Lee (ETH) has now been trading at $ 2,512 after refusing $ 2,700 resistance area over the last few weeks. As you can see in the daily chart, ETH entered the integration stage next to the EMA ($ 2,378) and 200 days SMA ($ 2,683) on the 34th. Despite the recent fullback, the bull is still defending $ 2,500, which is now an important short -term support.
This chart shows a clear range formation with a decrease in volume. This suggests that the market is waiting for a breakout decision. ETH exceeds the EMA and all short -term movement average (50/100 SMA) on the 34th, and sends a signal that the upward trend structure is not damaged. However, strong close proximity of 2,480 to $ 2,500 every day can change the amount of exercise and go deeper to $ 2,350.
In order to resume optimistic momentum, Ether Lee has been able to recover the $ 2,700-$ 2,800 resistance area that has been convicted since it has prevented all attempts from early May. If you succeed, you can open the door for more than $ 3,000.
DALL-E's main image, TradingView chart
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