Coin-Turk 12 minutes ago
2
Reports indicate that an Ethereum 
$3,099 whale has made substantial profits by taking a short position during the recent drop in ETH ($3,093.81) 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
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