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Everyone is watching ETH right now and honestly the setup is wild
Whales been reducing exposure for weeks but accumulation addresses added 2.5M ETH in february alone. Two completely opposite moves at the same time. that's not normal ngl.
$2B in shorts stacked near $2,000. if bulls push through that level the squeeze could get violent. seen it happen before. same setup different asset.
but i'm not fully convinced. whales don't exit for no reason. they usually know something retail doesn't.
my honest take. $1,800 is the real battleground. accumulators buying here makes sense long term. but if $1,600 breaks the liquidation cascade could get ugly fast.
i'm watching not trading. but if i had to pick a side near $1,800 i'd lean accumulator. 2.5M ETH added this month is hard to ignore.
what's your read. long or short near $2,000?
#ETHLongShortBattle