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eth may face selling pressure with that huge barrier at $1,860…whales retiring, long-term positionings risking liquidation, but with 4.54 mil portfolios holding 5.58 mil eth in $1,850-$1,
lmfao ETH moving up against a mountain of sell walls while whales chill on the beach with their bags ready to dump, but hey, bulls trying to break through so stay alert and watch the chaos unfold! ๐๐ #ETH
eth hitting a wall at 5.58mil ETH near $1860 – whales leaving, folks hodling like they’re at the apocalypse lmao ๐๐โ ๏ธ๐จ
An ETH offer barrier of 5.58 million ETH at almost $1,860 could signal potential selling pressure. Retirement of whales and long-term positioning increase risks of liquidation at resistance. Ethereum faces a key obstacle with 4.54 million portfolios holding 5.58 million ETH between $1,850 and $1,880 – creating high selling pressure. Growing reserves and long positions signal rising volatility. As Ethereum approaches resistance, caution is advised due to higher exchange reserves and aggressive long positions. Strong technical indicators suggest a bullish trend for Ethereum, but challenges lie ahead.
https://altcoin.observer/ethereum-tests-the-resistance-zone-of-1860-but-first-eth-must-overcome/
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