Recently observed market trends. The enthusiasm of big players for deposits has noticeably cooled down, which is usually a market reversal signal. But on the other hand, a decrease in whale funds sometimes also indicates the beginning of another wave of market movement — as the old saying goes, when one whale falls, all things thrive.
The current focus is still on Ethereum. This wave of non-farm payroll data exceeded expectations, causing some market volatility. But from a technical perspective, ETH's position is still worth paying attention to. In the short term, it may still fluctuate, but the long-term logic remains unchanged — it all depends on whether it can hold the key support levels.
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HashBandit
· 12-17 17:11
whale exodus hits different when you remember back in my mining days... gas fees were actually reasonable lmao. anyway eth's support levels matter way more than whatever macro noise is happening rn, tldr network scalability is the real endgame here
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MultiSigFailMaster
· 12-17 12:49
It's a good thing that big players are cooling off; retail investors have the chance to jump in.
I quite agree, whale sell-offs are actually a bottom signal. The non-farm payrolls data really disrupted the rhythm this time.
Wait, can ETH hold that support? It feels particularly fragile lately.
It's starting to fluctuate again. When will it go up? I can't sit still anymore.
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FlashLoanKing
· 12-17 12:44
Tired of the saying that big whales are running away. Every time it's "a whale falls, everything thrives," but what’s the result?
If ETH can't hold its support this time, all long-term logic is useless.
As soon as the non-farm payroll data is released, the market goes haywire. Short-term volatility is a joke.
Sounds nice, but it's just betting on support levels, the same as us retail investors' gambling methods.
I wish you the best. If you could really predict whale movements, you'd be financially free by now.
Recently observed market trends. The enthusiasm of big players for deposits has noticeably cooled down, which is usually a market reversal signal. But on the other hand, a decrease in whale funds sometimes also indicates the beginning of another wave of market movement — as the old saying goes, when one whale falls, all things thrive.
The current focus is still on Ethereum. This wave of non-farm payroll data exceeded expectations, causing some market volatility. But from a technical perspective, ETH's position is still worth paying attention to. In the short term, it may still fluctuate, but the long-term logic remains unchanged — it all depends on whether it can hold the key support levels.