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#ETH Whales Accumulate#
There is an interesting silence on the ETH side.
The price seems to be fixed around $3,760, but on-chain data suggests otherwise.
In the last few days, some large wallets have started accumulating ETH again.
The thing that catches my attention is this:
The price is not going up, but the big players are slowly accumulating.
I always see these types of periods as "compression".
So first a silence... then a movement.
The areas I am following:
– $3,680 – strong support
– $3,850 – first resistance
– $4,000 – psychological barrier
I am not rushing in these areas.
But to be clear, if it drops below 3,600, I will start accumulating aggressively.
Do you think this is accumulation or a trap?