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#HighlightPosts#  Ethereum (ETH) Whale Stability Sign of Calm Ahead of Big Move.


Ethereum has been showing signs of renewed strength, gaining 14% in the past seven days. However, Ethereum has been trading below the $1,900 level since April 2, highlighting the importance of key resistance levels ahead.
Whether Ethereum can reclaim higher or face renewed selling pressure will likely depend on its next moves through key support and resistance zones.
Ethereum’s BBTrend Is Cooling: What’s Next?
Ethereum’s BBTrend is currently at 8.77, a significant drop from 11.83 two days ago.
Despite the decline, the indicator has remained positive over the past three days, suggesting that Ethereum is maintaining its underlying bullish structure even as momentum cools.
This shift could signal the early stages of a potential price stagnation phase where the market will take a breather before deciding on its next big move.
BBTrend, or Bollinger Band Trend, is a technical indicator that measures the strength of a trend by analyzing how the price behaves relative to the Bollinger Bands.
When BBTrend values ​​are high and positive, it usually indicates a strong uptrend; when negative, it indicates a downtrend. Ethereum’s BBTrend value is currently at 8.77, indicating that the uptrend is still present but its strength is waning.
Failure of buyers to regain control could lead to increased volatility, potential pullbacks, or sideways movements.
Ethereum Whales Hold Steady: What It Means for Price
The number of Ethereum whales holding between 1,000 and 10,000 ETH is currently 5,458.
This figure rose slightly from 5,442 on April 21 to 5,457 on April 23 and has remained stable at this level for the past four days.
The recent stability suggests that there has been a pause in accumulation or distribution activity among large holders and that the market may be waiting for a catalyst before making its next significant move.
It is important to follow Ethereum whales because these large holders can have a large impact on price action. When the number of whales increases, it usually signals confidence and potential accumulation, which can be bullish for the price.
Conversely, a decreasing whale count could indicate upcoming selling pressure.
The fact that the number of Ethereum whales has remained stable around 5,458 suggests that there is neither aggressive buying nor selling among the large players, which could mean lower volatility and range-bound price action until a clear trend emerges.
Ethereum’s Struggle with $1,828: Bullish or Bearish?
Ethereum’s EMA (Exponential Moving Average) lines are currently aligned in a bullish formation where the shorter-term EMAs are above the longer-term ones — a classic sign of bullish momentum.
Over the past few days, ETH has attempted to break out of the resistance area around $1,828 but failed to do so. If Ethereum retests this level and successfully breaks above it, the next upside targets would be the $1,954 resistance and then potentially $2,104.
A break above $2,000 would be significant, marking the first time ETH has traded above this psychological level since March 27.
However, if Ethereum price bullish momentum fades and the trend reverses, it could pull back to test support at $1,749. Losing this level could expose ETH to a further decline towards $1,689.
If selling pressure increases, deeper support levels such as $1,537 or even $1,385 could come into play.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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GateUser-fd7eec47vip
· 4h ago
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SOCIOLOGISTvip
· 10h ago
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GateUser-3440b025vip
· 12h ago
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by an unknown entity under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
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CryptoBee123vip
· 14h ago
Watching Closely 🔍
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Surrealist5N1Kvip
· 14h ago
thank you for the information and sharing 🌹🙏
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Muhengivip
· 16h ago
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AgentWXOvip
· 17h ago
Watch closely 🔍
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Birjavip
· 17h ago
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Szerovip
· 19h ago
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DuniaForexCryptovip
· 21h ago
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