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Opportunitytoshort

The whale story. Opportunity to make profit if you are quickBe or not to be? Or in the cryptos world - what is the technical analysis worth when whales decide to party? Yesterday's market took many U-turns due to a handful of traders spoofing the market with 30-150m USD so-called "Pumps and Dumps". It is unclear if it has totally changed the declining pattern of cryptos at the mid-way point. At the time of writing, technical data indicates the possible highs of 1355 and possible lows of 1185. There seems to be unusual support formed at 1220 and if the market manages to break below it again, ETH may drop to 1150.
BITSTAMP:ETHUSD
by DataMoney
Updated
55

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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