$6B Bitcoin whale rotates into Ethereum – Is $10K back on the table for ETH?

Ethereum has Fully the pump started From Jackson Hole Speec from the chair of the Jerome Powell Fed is a move that some analysts note is a short -term weakness.

As Tedpillows said

“This will not happen during the market strength.”

He shared that he was bear, but still sees $ 10,000, as he programmed this cycle.

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The key level There is $ 4,800 on each radar because there are more than $ 7.23 billion in shorts and waiting for liquidation.

A net break at the top could trigger forced purchases and turn the bear dynamics into the rally.

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In fact, it looked just a question of when.

Ethereum leads the narration of Altseason

Alphartal Ceo Joao Wedson note The fact that whale and market creators often focus on newer projects, but Ethereum managed to recover the reflector.

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Ambcrypto previously reported ETH leader of the sector with 0.20 reading, layer edge 2 and tokens after a short loss of land in mid -August.

On the other hand, the industry like playing, AI and the stirring ended Q3 in red.

ETH holds the land about $ 4.4,000

At the time of the press, Ethereum traded for $ 467 and after recent jerked sessions he held stable.

The chart showed consolidation of ETH above the support of $ 4.4,000, while the buyers prevented the level despite the disappearing dynamics.

Source: TradingView

RSI at 54.59 (neither overwhelmed nor manifested) showed space for movement in both directions.

Meanwhile, he was 12.39 m, showing a muted but stable shopping pressure.

While ETH has withdrawn from its recent maximum, its resistance around $ 400 showed that the bulls are still in the game. Naturally, it now focuses on whether the asset could re -test a critical resistance of $ 4.8,000.