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Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains

  • Ethereum is currently experiencing a state of uncertainty as retail investors are selling ETH while large investors are accumulating, indicating a tug-of-war situation.
  • Short-term indicators show weakness and indecision, while long-term metrics suggest resilience and strength for Ethereum.
  • Mean exchange inflows have increased, signaling sell pressure from retail traders, while exchange outflows are predominantly from whale wallets, implying accumulation by high-net-worth individuals.
  • Despite the potential for a bullish trend reversal with technical indicators like a golden cross on the daily chart, uncertainty remains as machine learning algorithm CoinCodex predicts a possible crash for ETH.

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