Ethereum faces bearish pressure
Ethereum price fell below $1,600 to $1,578, hitting 13-month lows. Key support levels at $1,400 and $1,200 are at risk as bears control the trend.
🚨 Robert Kiyosaki believes Ethereum could surge to $95,000 following the next major financial crisis. At current prices, that would represent a gain of roughly 6,000%. Kiyosaki argues that scarce assets like Bitcoin, Ethereum, gold, and silver could see massive capital inflows if the global financial system faces a severe shock. Do you think $ETH can ever reach $95K? 👀
Currently, the return is negative for all major categories: • 1–10,000 ETH: -0.26. • 10–100,000 ETH: -0.21. • 100,000+ ETH: -0.05.
$ETH printed a wick down to $1,545 on the 12h and held. That level has been the floor twice now. The RSI was oversold at the June 6 low and has been building back since. Price is currently sitting right at that support zone again! My prediction is we move higher from here towards $1,820 over the course of next week. Only if $1,545 holds as support!
Anything beneath the $1,800 level on $ETH is: - A massive opportunity - Not really attractive on daytrading purposes. This chart respresents it beautifully, as it showcases that we're currently in a clear downtrend on the chart. However, It's making a potential strong bullish divergence on many levels and that would indicate that $ETH is going to follow Bitcoin. That wouldn't be a wonder, right? The Clarity Act approval is around the corner, and this entire event is being used as a negative instrument for the markets to continue to fall. A typical 'sell the rumor, buy the news' type of price action that we're seeing here. Other than that, sweeping the following levels would be a tremendous buying opportunity in my perspective: - Below $1,505 - Below $1,385 I don't think the markets are eager to go down more and I doubt we'll see these levels ($AAVE and other protocols are already taking of). I much rather see a clear breakthrough at $1,800 and see these levels as strong opportunities to be accumulating more positions.
I will hold $ETH to $4,500,000 or to zero.
🚨 A trader with a 95% win rate just has $103 million caught in a pairs trade that is bleeding $3.58 million in unrealised losses. Short $75M ETH at 23x, long $28M BTC at 20x. The thesis was $ETH underperforms $BTC on the way down. Instead both legs are losing at the same time. Two numbers matter now. If ETH hits $1,685 and BTC hits $50,529 he's getting wiped out right away. This is what being right 95% of the time and wrong at size actually looks like.
🐋 Breaking! Abraxas Capital— "Take Profit Then Stop Loss"! ⚡ Operation Recap: 1️⃣ Take Profit: Closed a $2M notional ETH short (10x), netting a massive $2.84M profit. 2️⃣ Stop Loss: Currently closing the xyz:CL long position.
Fully shorting ETH, BTC, and SOL — after closing positions yesterday at dawn and taking profits of $4.407M, the whale has once again opened a new round of shorts worth $70.9M 🙌 Currently holding two 20x short positions: 📉 912.93 BTC (notional value ~$55.03M), liquidation price $70,230.7 📉 10,025.21 ETH (notional value ~$15.86M), liquidation price $2,481.06 Floating loss so far: $1.55M
$ZEC is sitting on edge of liquidity on both ends. Lots of liquidity waiting $430-$440 and below liquidity till $350. If buyers keep defending current price could get pulled straight into that zone. This is why I spend more time watching liquidity than predictions. The chart always tells you where the market wants to go before everyone else notices.
