Ethereum (ETH)

Tom Lee sees an Ethereum rebound once the Middle East conflict is over $ETH could regain momentum if the Middle East conflict eases. This is the idea defended by Tom Lee, who sees the current pressure as market noise rather than a real trend change.

On-chain whale 'Evaded' opens a 8,000 ETH long position https://t.co/bX4WqEscRz https://t.co/dPXrPuxn0K

If the price falls to 60k or rises to 80k, you need to follow what I explained on the broadcast to make money. As long as the bull market hasn't arrived, doing this will earn you money and also extend your patience. Waiting in place and injecting money from outside on every dip won't work; that approach is a scam.

How i invest in crypto > Get paid bi-weekly in stables > Send 75% to my bank > Swap 15% to eth/weth > Keep the other 10% just in case > 2 days later they become eth too > Everything slowly disappears > Mostly on nfts, so I'm always illiquid > Repeat Dollar poor, JPEG rich 🙃

It's time to accumulate Ethereum. A deep correction has happened on Ethereum; however, there are many arguments for accumulating Ethereum here rather than not. Sentiment will say that it's not the right time, and sentiment is usually wrong. There are multiple arguments why the current range is a great area to accumulate a position in $ETH. 1. The Yields are getting close to a peak (at least in Japan). It's not a great recipe for anything related to DeFi when yields on government bonds are rising. The edge of using DeFi is getting slimmer. See it like this: Investors want a premium over government bonds, as using DeFi to generate a risk-free return implies more risk. If yields go up, the premium technically disappears, and that's net negative for DeFi. The recent exploits didn't help either. Other than that, the yields overall look toppy in multiple countries, and they are the talk of the town, which means that it's usually getting to the end stage. 2. The CLARITY Act approval is around the corner. Very simple and straightforward. The fact that the CLARITY Act vote is taking place in June is an indication of Ethereum's strength. It's very likely going to be voted for, given the current form of the CLARITY Act, and that would be very productive for anything that's being built within the Ethereum ecosystem. 3. Technically, Ethereum vs. Bitcoin is attractive here. Sure, there's a little more downside to come; however, I've stated that I wanted to see a breakout above 0.03250 to allocate to this asset. That didn't happen, so the next area of support is at 0.0260. We're getting there. Additionally, the daily RSI is <30, which is good enough for a potential mean reversion trade in the first place. Note: this can still take weeks to happen. The key point is that it enters a range of interest where it makes sense to accumulate this position. I'm not saying this will cause a massive run out of nowhere; I'm just saying this is the actual range where you'd be looking for positions. If Ethereum becomes attractive, there are multiple other plays that are also attractive, and we could see some altcoin strength.

Whale Evaded (@ICanPlug) has opened a new 8,000 $ETH (25x) long position, valued at $17M. He is still holding his $ZEC and $HYPE (10x) long positions, with a floating profit of over $2.3M. https://t.co/qFPLY4vkIh https://t.co/eCOKlxKsXZ

$ETH 2100$ zone price continues to hold as this is a reversal zone, they don't want to let the price go. If a breakout of this zone occurs, the price will be pulled back to $1800-1400. I will make attempts above $2100 and execute buys at $1400 below $2100. No bulls, only reaction :) https://t.co/RjuhhkbGmw

🚨 The US government has started selling assets. According to Arkham data, Funds taken from FTX/Alameda include: • 319 $ETH • 643K $DAI • 290K $USDT Transferred to Coinbase Prime. Even though the amount isn’t huge, the market started asking “Is a sell-off coming?” Especially government wallet movements continue to create psychological pressure.