cryptojungky

🔴 Bearish Scenario (Short-Term Selling Pressure):
Transfers to Coinbase are often seen as preparation for a sell-off (taking profit or rebalancing the portfolio). If these funds start to be released into the spot market, we may see a minor correction or short-term selling pressure that causes ETH to retest its nearest support area.
🟢 Bullish Scenario (Over-the-Counter / OTC & Liquidity):
This doesn’t always mean a dump! It could be a structured OTC transaction for their institutional clients, or routine ETF rebalancing. If the market manages to absorb this liquidity without panic, it actuall

$ETH Headline: ETH Breaks Resistance! 🚀 Time to Maximize Your Position via Spot Margin.
Ethereum ($ETH ) is showing strong bullish momentum after successfully breaking above the key resistance level at $1,750 USD (~Rp 32.5 Million). This upward move was fueled by a sharp short squeeze that forced short liquidations in the derivatives market, allowing ETH to outperform the broader market.
If you want to capitalize on this uptrend without diving into the complexities of the Futures market, Gate.io’s Spot Margin feature is the perfect alternative!
Quick reminder: Price action following a short sq