Ethereum at 4,400 USD: Breakout or fakeout as ETH whales step in?

Ethereum’s price may jump by 10% if it breaks the 4,475 USD resistance level. Recently, whales purchased 260,000 ETH, indicating strong market interest and possible bullish momentum.

Despite positive whale accumulation, many traders are adopting bearish positions, with significant liquidation points identified at 4,353.1 USD and 4,442 USD. Investors are selling ETH, suggesting a mixed outlook amid rising trading volume.

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