ETHUSD My thoughts on ETH: Multiple indicators confirm market weakness.
1. K-line chart and patterns: Ethereum formed a bearish evening star candlestick pattern, and the moving averages showed a bearish alignment, confirming a downward trend.
2. MACD: On the daily chart, it is in bearish territory and formed a death cross.
3. Volume: The extreme decline in volume during the decline indicates low market participation, high levels of panic among participants, and a loss of confidence, which could lead to further declines.
ETHUSDBMNR bitmine has bought the dip buying 33k ethereum. another otc whale also bought 14k ethereum. also the huge whale who sold over 50b worth of bitcoin to buy ethereum has also bought the dip he sold another 2b worth of bitcoin to swap it to ethereum