Binance accumulates ethereum at the highest annual level, US money buy more: so why don’t ETH move? star-news.press/wp

• ETHEREUM reserves on Binance increase, but whales may be in a position.
• American demand and ETF flows show a bullish accumulation, while technologies indicate a frequency in the market.

ETHEREUM (ETH) in a state of transportation, but in what way do you go?

Binance reserves have reached its highest level since May 2023, which sparked a discussion about whether the sales or sudden gathering is just around the corner.

Meanwhile, American investors buy steadily, with strong ETF flows and increasing signs of demand indicating a possible outbreak.

Ethereum bince

ETHEREUM’s Exchange on Binance Rise Last 4.9 million, the highest level seen since May 2023.

Source: Cryptoquant

This is more than 4 % of the total ETH supplies now traded in one exchange.

Source: Cryptoquant

This type of height is often associated with the inventor pressure pressure. Historically, the growing reserves on central stock exchanges such as Binance have preceded price corrections.

However, this time, the price has not decreased.

Despite the rise in the reserve, the ETH remained relatively stable about $ 2,590. This type of elasticity is a sign that buyers may absorb the pressure side pressure or that whales are preparing for something larger.

Either way, this is not the transformation of regular offers.

The issue of collapse ascending

Source: Cryptoquant

While Binance Reserves rises, it appears that the appetite for the American investor is high; So not all ETH moves to the stock exchanges for sale orders.

Coinbase Premium Index Mostly positively held During June and early July, the demand for the position appears on American platforms compared to international platforms.

This often reflects the purchase of pressure from institutional or high investors in the network.

Source: sosovalue

This reserves, Eth Spot Spot Etf Net Shadlows Gain a pace againWith $ 148 million in daily flows on the third of July, and net assets of total assets now exceeding $ 10.8 billion.

These strong flow trends indicate accumulation, not the sale of panic – may absorb the increase in Binance supply.

The technologies remain neutral, and the markets are waiting for the trigger

At the time of the press, ETH was traded at $ 2,521, indicating silent price movement despite the ETF and ETF activity. RSI hovering around 52, which reflects the neutral momentum.

Via Macd recently over the signal line, but it remained less than zero; A potentially early upscale cross is a strong conviction.

Source: TradingView

Meanwhile, OBV sat at 9.97 million, no significant shift in buying or selling size. Without outbringing or decisive collapse, ETH seemed to be unified, and may be preparing for his next large movement.