• Ethereum nears $3,800 risk target as volatility rises and caution grows.
• Whale buys $214M worth of ETH, showing institutional confidence despite market sell-offs.
• Analysts warn that $7.87B in ETH shorts face a liquidation risk if the price drops further.

Ethereum is experiencing mixed momentum as whales continue to accumulate large amounts of the asset. While this shows confidence from whales, looming liquidation risks raise concerns. The next market move could determine whether ETH stabilizes or faces further decline.

Ethereum (ETH) is currently trading at $4,366, with a 24-hour trading volume of $38.19 billion and a market cap of $524.51 billion. Over the last 24 hours, ETH has declined by 2.36%, indicating a cautious market sentiment despite growing whale activity.

Whale Acquires $214 Million Eereum

A well-known crypto analyst, Ash Crypto, noted that a major Bitcoin whale acquired 48,940 ETH worth about $214.7 million. This massive purchase suggests that institutional buyers are continuing to accumulate ETH, despite short-term sell-offs. Such buying often fuels price reversal speculation.

Ethereum Braces for $7.87B Liquidation Threat

Adding to this, another analyst, TED, has identified a high-risk status for Ethereum. He said that nearly $7.87 billion in ETH short positions could be liquidated if prices fall close to $3,800. This implies that a 13% correction from the current level could trigger widespread liquidations and cause significant volatility in the market.

Ethereum’s outlook depends heavily on Bitcoin’s performance. Analysts suggest that if Bitcoin drops under $100,000, ETH might find it difficult to stay above $4,000. With big buyers active and liquidation risks rising, ETH is at a turning point that could shape short-term market momentum.

Also Read | Ethereum Eyes $6000 Breakout After Whale Shifts From Bitcoin

Ethereum Weekly Chart Signals Momentum Shift

Ethereum’s RSI is now at 66.11, just below the overbought threshold of 70, and its signal line is at 61.81. It suggests that ETH remains in a positive trend, but buying momentum is fading slightly. If the RSI climbs higher, it could create overbought pressure that may trigger a short-term correction. Overall, momentum remains bullish but with caution.

The MACD shows the blue line at 521.16, well above the signal line at 322.09, with steady green bars on the histogram. This suggests ETH’s bullish trend is still strong. However, the histogram is starting to narrow, showing momentum is slowing. A crossover would mean weakening strength.

Also Read | Bitcoin $1M and Ethereum $60K: Tom Lee Predicts Massive Crypto Shift