Ether Lee is increasing volatility as the entire encryption market turns into a new stage. For several months, Bitcoin has attracted attention almost exclusively in the world's largest cryptocurrency. Now the assistant is around. Ether Lee is emerging as the next main focus, and a large amount of capital moves from BTC to ETH.
This rotation indicates important evolution in the cycle. Previously, Bitcoin, the only point of entry, began to diversify into Ether Leeum. The analysts pointed out that this change is not about speculation, but recognizes the expansion of Ether Leeum as a backbone of distributed financing, NFT and enterprise grade blockchain solutions.
The main data of ARKHAM emphasizes this trend with amazing clarity. Whales, which have more than $ 5 billion in Bitcoin, have recently been accumulating Etherrium and have marked one of the most notable cross set movements in recent months. The same entity, which is already an important BTC owner, is now actively building a large -scale ET position, reflecting the increase in trust in Ether Lee's long -term trajectory.
Whale accumulation strengthens Ether Lee's optimism.
According to ARKHAM's data, one of the largest Bitcoin holders in the market began its main rotation to Ethereum, strengthening the trust in ETH's long -term trajectory. Whales, which control over $ 5 billion in BTC, have moved $ 1.1 billion worth of Bitcoin to a new wallet before accumulating ETH through Hyper Unit/HL. This movement was not over when the same whale purchased Etherrium worth $ 2.5 billion following last week's activity.
This aggressive accumulation is increasing the trend of capital rotation from Bitcoin to Ether Leeum. For several months, institutions and whales have been greatly focused on BTC exposure, but according to recent activities, Ether Lee is becoming the same powerful assets in the portfolio. The scale of this whale's movement emphasizes the powerful belief that ETH is undervalued compared to its potential.
This accumulation also strengthens the extensive strong prospects that many analysts already have against Ether Leeum. From trading activities to institutional adoption, ETH is considered the cornerstone of the next stage of encryption growth, until the network foundation reached an all -time high.
It will be important for the next few weeks. If Ether Lee can maintain momentum and push it to a new top, the accumulation of whales can serve as a catalyst for discovering additional prices, and potentially, more than $ 5,000 ETH.
ETH/BTC shows strength
Ether Lee is showing significant strengths in Bitcoin, and after the sudden rally, the ETH/BTC pairs were traded at 0.0402. The daily chart emphasizes a strong rise, and stops the decline for one year of maintaining the pressure of ETH compared to BTC. Since May, ETH has risen steadily, moving from the minimum near 0.021 to the current level, doubling its relative value for Bitcoin.
More than 50 days, 100 days and 200 days of moving, more than an average of optimistic momentum has been confirmed. This moving average, which is much lower than the current price, acts as a support class and suggests that ETH is firmly synergistic. Steep rise also indicates the structural changes of market emotions.
Currently, ETH/BTC faces less than 0.042 resistance, and sellers are testing the intensity of rally. The successful brake out above this level can open the door to Zone 0.045–0.046, which was lasted in mid -2012. In the disadvantages, maintaining 0.038 Eulji is important for maintaining a strong structure.
DALL-E's main image, TradingView chart
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