Ether Leeum has reduced capitalization in the entire market as it records a wider coding market trend.
In the last 24 hours, the global cryptocurrency market has decreased 5.3%, but Ether Lee has increased 2.4%, now trading about $ 3,719. This movement attracted new attention from the analysts. In particular, we suggest that chain data changes trader feelings and positioning.
Short pressure and whale activity type Ether Lee's recent rally
AMR TAHA, a contributor to Cryptoquant's Quicktake platform, emphasized the importance of Ether Lee's recent price measures. TAHA has a short position of more than $ 3,700, resulting in a short position in Binance over $ 160 million.
The event was $ 3,500 short liquids, earning $ 195 million in early $ 195 million, and a pattern of short steps. When a short seller rushed to cover his status, he at least temporarily increased the price.
TAHA also observed a remarkable difference in whale activities. According to the data from Whales Screener, more than $ 300 million in centralized exchanges have entered more than $ 300 million. At the same time, more than $ 300 million with withdrawal from the exchange.
This combination can reflect the prudent prospects because whales can potentially prepare to sell Bitcoin and reduce the liquidity available for immediate purchase activities.
TAHA warned that such short pressure can lead to a short price and often lead to integration or modifications.
He confirmed some signs of suggesting potential short -term headwinds. An open type according to the liquidation cascade, and BTC's whale sediments are probably reduced by Stayblet's exchange balance, which shows a limited new capital in which new capitals enter the market to prepare for sales. TAHA said, “If these conditions are combined, it can contribute to fullback if fresh inflow is not realized.
ETH's outlook as a market will enter the late 2025
In a separate analysis, another encryption analyst Crypto dan provided a wider view of the trajectory of Ethereum. Recognizing that short -term modifications could occur due to the recent surge in price, DAN suggested that market indicators will limit the scope.
In March and November 2024, DAN, compared with the current conditions and the historical future market overheating, pointed out that the current leverage and emotions were relatively muted.
He also mentioned that Ether Leeum's performance was arrested throughout this up cycle and even reached undervalued levels. This can indicate that assets still have a space to rise in the second half of 2025.
If Ether Lee continues to go up, DAN suggests that it can serve as a catalyst for Altcoin activity, considering the tendency to follow the ETH movement in the bull phase.
Chart of TradingView, a major image made of dall-e
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