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Home»ETHEREUM NEWS»In 10 days, more than 900 million Ether Leeum withdrawal -optimistic on horizontal lines?
ETHEREUM NEWS

In 10 days, more than 900 million Ether Leeum withdrawal -optimistic on horizontal lines?

By Crypto FlexsFebruary 17, 20254 Mins Read
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In 10 days, more than 900 million Ether Leeum withdrawal -optimistic on horizontal lines?
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Ether Lee is struggling to recover $ 2,800 as a support, and investors make it uncertain about the short -term direction of the price. The second largest Cryptocurrency could not start a recovery rally, and analysts are increasingly demanding a continuous continuation. Negative feelings were promoted by Ether Leeum’s overwhelming performance compared to market expectations, maintaining the price range below the main supply level.

Despite the pessimism, some investors hope that Ether Lee will soon enter the recovery stage. Potential rebounds may appear as the market begins to find stability. In addition to optimism, the chief analyst, Ali Martinez, shared the main metrics that show important development. In the last 10 days, more than 900,000 Ether Leeum has been withdrawn from the exchange. This trend signal has increased the accumulation of larger players and reduced sales pressure, suggesting that investors can prepare potential rally.

In the exchange, ETH’s significant withdrawal can indicate that the trust between long -term holders is increasing even in the short -term price struggle. As ETH continues to integrate less than $ 2,800, it is important to determine whether the next few days can reverse the weak trend or face a larger disadvantage. Investors are closely watching whether ETH can turn the assistant and get higher levels.

Ether Leeum Metric signals a powerful accumulation

Ether Lee is captured with considerable volatility when it is integrated into less than $ 2,800. Market feelings are still divided, while retail investors are afraid of more shortcomings, while some analysts expect aggressive meetings in the next few months. Ether Leeum appears to be in the pivotal stage in this cycle and appears to be struggling to obtain the same momentum as Bitcoin, which showed relative intensity.

Martinez shared major data on Ethereum’s current epidemiology. Over the last 10 days, more than 900,000 Etherrium withdrew from the exchange, increasing the accumulation of larger players and reducing sales pressure. This trend suggests that even if the retailer is more careful, the institution and long -term investors may be preparing for potential upward measures.

Ether Leeum Exchange Reserve | Source: Ali Martinez on X

In the last few weeks, Ether Leeum holders have been challenged. Last week’s dramatic sale plunged from $ 3,150 to $ 2,150 within two days. Since then, the price has recovered from $ 2,600 to $ 2,700, but ETH has struggled to recover more than $ 2,800 through a major supply level.

The next few days are important as Ether Leeum integrates at the current level. If the bull recovers $ 2,800 and pushes it higher, you can see the beginning of the new stage. On the contrary, if this level is not raised, the integration leads to long -term or larger disadvantages, which can add uncertainty. Investors and analysts are closely watching the market, and they are waiting for Ether Leeum to get out of the weak grip and go on the chart of recovery.

Price test supply level

Ether Lee is trading for $ 2,720 after a few days of transactions and uncertainty. The market appears to be trapped in the stages of speculation as the emotions are rapidly divided in relation to the short -term price direction. Investors are waiting for clear signals as ethics are integrated under the level of critical resistance.

Next to ETH Trading | Source: TradingView's ETHUSDT chart
Next to ETH Trading | Source: TradingView’s ETHUSDT chart

In order for Ether Leeum to confirm the recovery trend, the bull must support $ 2,800, which is higher than the $ 3,000. If you penetrate this level, it will inform you of optimistic momentum and set the stage of meetings toward higher supply zones. The $ 3,000 level also matches the 200 -day moving average, the main indicator of the long -term trend direction. Continuous movements above this level will bring new optimism to the market.

But the risk of further drops still remains. If Ether Lee does not recover $ 2,800, the price can be returned to lower the demand area to about $ 2,500. This scenario can amplify the weakness and extend the current uncertainty. The emotions are divided and the larger encryption market will show a mixed signal, creating an atmosphere of performance in the next few weeks with the next movement of Ether Leeum. Both bull and bears are paying attention to $ 2,800 as an important inflection point of the second largest cryptocurrency.

DALL-E’s main image, TradingView chart

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