$ETH accumulating around $3K?CRYPTOCAP:ETH accumulating around $3K? Spot on it’s coiling at ~$3,100 (up 3.44% short-term, per latest feeds), building steam after the recent dip.
Next resistance retest at $3,400 makes sense: that’s the broken support-turned-resistance from early Nov, aligning with the 50-day MA and Fib 0.5 extension. Break it, and we’re eyeing $3,850–$3,900 by month-end (Fusaka upgrade hype + ETF inflows fueling the push).
Whale zones at $2,800–$2,400? Bullish af—matches on-chain data where big players scooped $1.37B during the $3,331 breakdown (June highs echoed in Nov buys like Tom Lee’s $63.6M stack today).
Wintermute’s loading millions amid the dump, signaling reversal vibes (last time = massive pump). If $2,800 holds (key Fib 0.618 + demand zone), that’s your dip-buy floor before $4K+.
Mildly bullish here (70/30 odds on upside) RSI resetting from oversold, HAR dipping but whales countering retail sells. Load on #SorooshX signals if it tests $2,800.
Your play? 😎
#ETH #Crypto
