Ethereum Profit-Taking Signals Short-Term Pressure

[lingriiddd]

Ethereum addresses in profit just hit a record 155 million, prompting increased whale activity and signs of short-term selling pressure. ETH has dipped below $4,500, with transfers of large holdings to exchanges fueling speculation of further correction. Despite the near-term risks, analysts remain optimistic about long-term growth, citing strong fundamentals and potential upside in upcoming market cycles.

[Nahid Hossen]

Whales moving ETH to exchanges always sparks short-term fear, but honestly the fundamentals look stronger than ever long-term.

[Rimon Khan]

$4,500 support being tested… could be shaky short-term, but I see this as an opportunity before the next big cycle.