Türkçe
Español
Reports indicate that an Ethereum 
$2,534 whale has made substantial profits by taking a short position during the recent drop in ETH prices. The operation leveraged 50 times, reflecting the global market sell-off’s impact on Ethereum.
Price Analysis and Technical Indicators
As a result of widespread selling fluctuations, the price of Ethereum has fallen to around $3050. Technical analyses suggest the emergence of an inverse head and shoulders pattern on the chart.
Some analysts believe that once ETH surpasses the $4000 mark, it could move upward. In this context, a positive trend is also expected in the altcoin market shortly.
Mags: “Ethereum could rise to $7500 after surpassing the $4000 level.”
Liquidity and Market Dynamics
Market data shows significant liquidity changes among investors. Notably, the capital transfer from Solana 
$170 to Ethereum is attracting attention. Analyst Titan of Crypto points out that there is a critical support level in the ETH/BTC pair.
Titan of Crypto: “Ethereum is likely to outperform Bitcoin 
$103,403.”
Historically, February tends to be positive for Ethereum, and investor expectations are rising. Relevant charts and technical indicators highlight the potential for strategic maneuvers.
Market volatility and liquidity transfers are closely monitored by other investors. These developments emphasize the importance of creating strategies based on data and technical analysis.
The short position taken in this transaction suggests a degree of profitability. While experts remain cautious in their assessments of the market’s future direction, they advise investors to review their strategies in light of this data.
