The encryption analyst warns: Do not chase Ethereum yet despite the accumulation of the huge whale
ETHEREUM has taken a strong step recently since the ETH price has moved via the $ 2600 sign after weeks of trading to the range. However, some analysts appear to be a warning of a possible decline. Despite the bullish signs of adult holders, technical and objective data indicate that Ethereum may not be ready for continuous penetration yet. In fact, the withdrawal may be before any move towards higher goals.
Crypto Patel predicts the withdrawal of ETHEREUM before the next gathering
Crypto Patel’s well -known chart highlighted the last rejection that ETHEREUM faced near the range of $ 2,500 to $ 2,800. This region is characterized by everyone Fair value gap (FVG) And a landmark link, the areas that often operate with strong resistance. ETH briefly pushed to that area, but the price was quickly rejected, which Patel explains as the beginning of a correction stage.
According to his analysis, the ETHEREUM price can decrease to the 1930 dollar range to 2100 dollars in the coming weeks. This level is not just any support. It corresponds to another FVG and sits over a major rising arrangement bloc about $ 1,810. Patel looks at this area as a high -possibility area, especially if Ethereum shows stability marks there. His expectations include a potential reversion from that region that can pave the way for a much larger move, and ETH may take about $ 4,000 or even $ 5,000 later this year.
$ ETH Download withdrawal: Is 1800 dollars in the next large purchase area?#ETHEREUM He faced rejection near the FVG region of $ 2,500, and now enters a correction phase.
The price may decrease to the 1930 dollar FVG area to 2100 dollars, which corresponds to a strong up -to -up request bloc about $ 1810.
This region is … pic.twitter.com/texgxojfz
Crypto Patel (Cryptopatel) May 17, 2025
The ETHEREUM chart shows an expected path where the price slowly returns to this demand area, enhances, then begins a strong upward trend. Patel explains that the key to this scenario is whether the demand is steps in a range of $ 1,810 to $ 2100. If this level continues, he believes that the next leg can come quickly and bust.
Ali Martinez discovers the activity of the whale behind the scenes
Although technical indicators indicate a possible decline in the short term, the data on the series tells a bullish story in the background. The Cryptoquant data that Ali Martinez shared shows that the whales, especially the wallets that carry between 10,000 and 100,000 ETH, have accumulated more than 450,000 ETH last month alone. Their common balance increased from about 16.3 million to nearly 16.8 million souls.
This style is important. Historically, the accumulation of the whale tends to occur before the main gatherings, not yet. These pregnant women are often considered “smart money” because they behave early and with conviction. In this case, whales began to buy before the price height, indicating that big investors expected this step and put themselves early.
The whales accumulated more than 450,000 #ETHEREUM $ ETH Last month! pic.twitter.com/iog41cbhlo
Ali (ali_charts) May 17, 2025
Martinez’s scheme shows a clear increase in whale holdings from early April and continued steadily until May 13, when Ethereum reached $ 2,679. It also explains that the increase in whale activity immediately preceded the sharp rise in the price of ETH, which gives more weight to the idea that the big players are preparing for something greater.
The main fast food of Ali’s analysis is that although retail traders may be excited now, the whales have already taken their movement. This can be a sign of the increasing institutional confidence in the long -term ETAREUM forecast.
conclusion
Together, these two analyzes make up a clear message. Yes, long -term signs for ethereum bullish. Yes, adult holders accumulate strongly. But no, this does not mean now is the best time to jump.
If Ethereum reconsidates the $ 1810 to 2100 dollars and shows support, it may provide a stronger and safer input in the long run. Currently, the best strategy may be watching with patience while the whales are quietly driving the road.
Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Read the recent encryption market updates, news and technical analysis here.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
