Today’s Coin Spotlight : $ETH (Ethereum)
Ethereum is dominating the #ETHWhaleWatch trend today!
While the market consolidates, ETH is showing massive relative strength as whales aggressively "buy the dip" ahead of a projected Q1 breakout.
📊 Market Snapshot
Price: ~$3,842 USDT
24h Change: +4.25% 📈
Pattern: Ascending Triangle (Squeeze toward $4,000).
🔍 Why it’s Trending
Whale Power: Wallets holding >10k ETH are at a 3-month high.
Supply Shock: Exchange reserves are at all-time lows—demand is outstripping supply.
Deflationary: High Layer 2 activity is burning ETH supply faster than ever.
📈 Technical Outlook
Target: $4,000 (Psychological Resistance).
Support: $3,650 (Key Floor).
Verdict: Bullish consolidation nearing its apex. Watch for a volume spike to confirm the breakout!
#USNonFarmPayrollReport #USTradeDeficitShrink #Ethereum #EthereumNews