Main meals
Ethereum whale continues heavy accumulation as the price trades just less than $ 5,000. Long positive and dominant financing rates indicate the continuous ups of the ups.
Since July, ethereum [ETH] It attracted the accumulation of the consistent whale, with Binance orders Show An increase in demand that corresponds to a continuous upward trend.
These big investors tend to confirm trends rather than speculating early, indicating a strong condemnation behind the last gathering.
Whale -related space orders and decades have been flowing, with ETH trading slightly less than $ 5,000. These flows shed light on institutional support and proposed momentum can continue as a request that was built near this area.
Do long situations gain dominance on Binance?
Long accounts on Binance increased to 57.06 % compared to 42.94 % of short pants, giving a long/short percentage of 1.33.
This clear dominance of the long accounts reflects the increase in trading confidence in the short -term oud direction of ETHEREUM.
Moreover, the ratio recovered after a brief decline earlier in August, indicating that the merchants again tend to climb.
However, this positioning may leave the market an exhibition of sudden corrections if the feeling is reversed. INVESTORS should remain alert for potential pressure.
source: Coinglass
Do positive financing rates confirm a strong condemnation?
Funding rates through Binance remained positive, hovering near 0.005 %. This showed that merchants were ready to pay to hold future futures.
While positive financing rates indicate optimism, they also reflect the high leverage. Extensive positive periods sometimes precede the feverish conditions.
After saying this, the current moderate levels looked sustainable, as ETH continues to enjoy the support that is used without a serious defect.
source: Vocal
Can MVRV and S2f lead additional strength?
The long/short MVRV/short difference increased to 31.49 %, while the stock rate increased to the flow to 19.77 %.
Together, these scales emphasize both profitability and exposure, two conditions that historically precede the stronger market gatherings.
Therefore, the MVRV and S2F alignment drawing a bullish image.
However, while both artists support potential collapse, market conditions remain sensitive to sudden liquidity transformations.
source: Vocal
Will Ethereum give up $ 5,000?
The accumulation of the whale from Ethereum, the long/short -ups, positive financing rates, MVRV and S2F readings are all in line with a market that is preparing to continue.
Therefore, the possibility of breaking ETHEREUM appears to be over $ 5,000, provided that the demand for the whale continues and the bound location is still balanced.
