ETHEREUM Case – Why don’t you speculate $ 4K! star-news.press/wp

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ETHEREUM pulled a million ETH from the stock exchanges this month, while the open interest reached $ 60 billion-a sign of aggressive and non-mitigating accumulation.

With the conclusion of July, ETHEREUM (ETH) has recorded more than 50 % returns, which represents its largest monthly step since 2022.

However, it is not just a high price. ETH has an open interest at the highest new level. break More than 60 billion dollars for the first time. All this while the price is only 3.4 % lower than 4 thousand dollars at the time of the press.

It seems as if the merchants know something that the rest of the market has not yet looked at. Thus, the question – is this strategic condemnation, or just blind optimism?

The future contracts achieved eth record while the spot excels

Ethereum Q3 started with the outbreak, printing its largest monthly candle in the ages. It is clear that the preparation of risk bonus has been heated.

On the series, more than 98 % of ETH The offer is now in profitPassing 97 %-which led to a distribution stage during the last electoral cycle. The momentum is strong, but also the risks.

However, even with achieved profits jumping to $ 1.25 billion, around the upper part of the election cycle at $ 4,007, the price was fixed. There is no major collapse, there are no signs of panic. This is a strong line of font contract.

Source: Glassnode

Support this, Ethereum started July with Exchange of reserves Near 20 million. Quickly forward now, we reach 19 million – 1 million clean souls have been withdrawn.

This is not a profit, and this is accumulation. Add aggressive accumulation in future liquidity and increase OI to its highest levels, and this is very similar to the determination of strategic positions of blind speculation.

With all of this in playing, is only 4 thousand dollars the next stop in the ETH momentum leg?

Does ethereum traders manage $ 4,000?

At the time of writing this report, Ethereum was only 3.4 % shy of $ 4,000. The temperature of the RSI tied management conference increased above 85, as it was marked at $ 3,941, followed by a moderate decrease of 0.87 % – classic signs of local turnover.

Now, the opportunistic pants began to accumulate in, Front What they expect to be a local summit. As the price approaches its main resistance, this step may seem to fade like “smart” trade.

In fact, enlarge the 12 -hour filter heat map, and you will discover two thick strips for short liquidity, with a heavy set of $ 115 million less than $ 3980. This is the fuel for pressure if the momentum holds.

Source: Coinglass

The couple with strong On the series It seems that the basics, the prevailing future is less like speculative butter and more similar to spreading the calculated financial lever.

If this structure continues, the ETHEREUM unification is less than 4 thousand dollars will create perfect conditions for the short stacks, which presses the scale of short liquidity. In turn, this will prepare the structure of a textbook in advance, which can easily ignite a clean outbreak of more than 4 thousand dollars.