🔷Ethereum opened Asian trading with a drop under the key $4,000 mark, hitting a seven-week low at $3,965. The move triggered hundreds of millions in long liquidations, hitting retail traders particularly hard. Volatility intensified as capital continued flowing from crypto into more stable assets.
🔷Whale activity, however, painted a mixed picture: some addresses withdrew hundreds of thousands of ETH from exchanges, hinting at accumulation, while others sold tens of millions to lock in profits. Analysts warn that a confirmed close below $4,000 could drag ETH toward $3,800–$3,750. Still, medium-term outlooks remain cautiously bullish, leaving the market torn between panic and anticipation of a new upward impulse.