Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.
There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.
Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ?
For me ethereum have hard it best days in the last two weeks, and right about now we may likely see a major decline or much resistance level that keep the price below 4500k this is because the pull back is targeted at a two weeks benchmark but since ethereum avaliable liquidity is able to survive the market this far, the pull back wont be a major one but yet we shouldn't expect Ethereum to achieve that 5k benchmark predicated.