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breaking: 🚨 400k eth added as #ETH battles $4,000 support 📉. are institutions gearing up for a long
eth dropping like a stone 📉, but all these accumulation addresses stacking up ETH like it’s the new BTC 🚀🔥,
Ethereum is pressurized below $4,200, testing $4,000 support. Chain signals show a different image beneath, with accumulation addresses adding significant ETH. These unique addresses buy ETH without selling, indicating strong long-term holder conviction, likely tied to institutional adoption and ETF demand 📉. Despite short-term risks, the significant entries suggest player positioning for the long term. The coming weeks are crucial, determining whether ETH will rebound based on accumulation or face prolonged correction.
Ethereum faces a critical test at $4,000 after a 3.2% drop. Sellers dominate, but defending $4,000 could stabilize ETH for a potential rebound to $4,200-$4,400. Falling below $3,950 may lead to further drops to $3,800 and even $3,600 📉. Buyers’ defense in this range will be key for ETH’s short-term trajectory.
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