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Technical analysis by DEFI-trader about Symbol ETH: Buy recommendation (1/26/2025)

https://sahmeto.com/message/3201428
DEFI-trader
DEFI-trader
Rank: 3083
1.9

ETH : Behind the scenes

:Buy
Price at Publish Time:
$3,340.66
Buy،Technical،DEFI-trader

Despite concerns regarding the Ethereum Foundation and its recent underperformance relative to other cryptocurrencies, data indicates significant whale activity, with holders of over 1,000 ETH buying during the dip. This accumulation by large investors could be interpreted as one of the most bullish signals in recent years for Ethereum. Amidst polarising price actions about XRP, SOL, and BTC, this presents a notable opportunity for those considering investing in ETH for potentially significant long-term gains.

Source Message: TradingView
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