Ethereum Whale Sends ETH As Price Gains: Critical Resistance at $3250 Now
Ethereum Recovers Above $3,150: Whale Activity Signals Market Turning Point
📌 Ethereum's Recent Price Action: A Sign of Recovery?
Ethereum (ETH) has demonstrated significant strength by reclaiming the $3,150 level, hinting at a potential recovery after weeks of intense selling pressure. This upward movement is occurring amid a broader market rebound, bolstering investor confidence and highlighting increased demand and improved sentiment surrounding Ethereum compared to other altcoins.
After facing significant headwinds, Ethereum's ability to outperform other cryptocurrencies signals a shift in market dynamics. This relative strength could indicate growing confidence in Ethereum's long-term prospects and its resilience in a volatile market environment.
📌 Whale Activity: A Key Indicator of Market Sentiment
🏢 On-chain data from Lookonchain reveals a notable move by a prominent Ethereum whale. Whale 0xdECF deposited 5,000 ETH, valued at approximately $15.52 million, into Binance during the recent rebound. This activity is particularly significant given the whale's historical behavior.
💰 This particular wallet is known for transferring substantial amounts of ETH to exchanges during market downturns, often coinciding with periods of high volatility and market capitulation. The latest deposit suggests that the whale is actively monitoring and reacting to market conditions, potentially signaling a shift in strategy or sentiment.
Whale Distribution and Market Caution
🏢 According to Lookonchain, whale 0xdECF has sold 25,603 ETH, worth around $85.44 million, across Binance and Galaxy Digital since October 28. Despite this significant distribution, the whale still holds 5,000 ETH (approximately $15.52 million), indicating a partial reduction in exposure rather than a complete exit from the market.
This pattern suggests that while large holders are not entirely abandoning Ethereum, they are actively managing risk and responding to market volatility. This behavior provides valuable insight into the sentiment of significant market participants, who are balancing risk mitigation with the potential for future gains.
💧 The persistent selling pressure from a large wallet can act as a drag on price, especially during periods of low liquidity. However, the whale's continued holding of a meaningful position implies an expectation of potential market recovery or a strategic desire to maintain exposure to future upside.
📌 Critical Resistance and Market Outlook
Ethereum now finds itself in a critical phase. While it has reclaimed key levels, its mid-term structure remains sensitive to macroeconomic conditions and the behavior of large holders. A slowdown in selling and an increase in accumulation could solidify the recent rebound into a sustained trend. Conversely, renewed selling pressure could lead to a retest of lower support levels.
📌 ETH Technical Analysis: Short-Term Momentum vs. Long-Term Resistance
Ethereum's daily chart indicates improved momentum following its reclaim of the $3,150–$3,200 range. The bounce from the $2,750–$2,850 support zone signals a change in buyer behavior, with strong lower wicks suggesting aggressive demand. However, the asset still faces significant challenges.
💱 The price is approaching the 50-day SMA, currently sloping downward just above $3,250, which is acting as immediate resistance. This moving average has consistently capped rallies since late October. Beyond it, the 100-day SMA around $3,450 and the 200-day SMA near $3,600 create a strong cluster of overhead resistance that defines the medium-term downtrend.
Volume on the recent bounce is stronger than previous attempts, indicating greater buyer conviction. However, the overall trend remains bearish until Ethereum breaks above the 50-day SMA and closes daily candles over $3,300.
Ethereum's current position is an inflection point. Holding above $3,100 strengthens the case for continued recovery, while rejection from the $3,250–$3,300 band could trigger another retest of the $2,800 region. The next few trading sessions will be crucial in determining whether this rebound evolves into a deeper trend reversal.
📌 Stakeholder Positions
Below is a summary of the positions of key stakeholders mentioned in this article:
| Stakeholder | Position | Impact on Investors |
|---|---|---|
| Whale 0xdECF | Reduced ETH holdings but maintains a significant position. | Indicates cautious optimism; manage risk accordingly. |
| 💰 Market Buyers | 📈 Showing increased conviction at lower levels. | 📊 May signal a potential trend reversal if sustained. |
| 💰 Broader Market | Rebounding, providing a supportive environment for ETH. | 💰 📊 Monitor broader market trends for continued support. |
📌 🔑 Key Takeaways
- Ethereum has shown relative strength by reclaiming the $3,150 level, suggesting a potential recovery after weeks of selling pressure. This highlights the importance of monitoring ETH’s performance against other altcoins as a gauge of market sentiment.
- Whale activity, specifically whale 0xdECF's deposit of 5,000 ETH into Binance, indicates that large holders are actively reacting to market conditions, managing risk while maintaining exposure.
- Technical analysis reveals that Ethereum faces significant resistance at the 50-day SMA (around $3,250) and a cluster of resistance between $3,450 and $3,600, making these levels critical to watch for potential breakouts or rejections.
- The short-term momentum has improved, but the overall trend remains bearish until Ethereum breaks above the 50-day SMA and closes daily candles above $3,300, emphasizing the need for caution and strategic positioning.
The confluence of whale activity and technical resistance suggests a period of heightened volatility for Ethereum in the short term. Expect potential whipsaw action between $3,100 and $3,300 as the market tests the resolve of both bulls and bears. The ability of Ethereum to decisively break above the 50-day SMA will likely dictate the next major move, but any failure to do so could trigger a significant correction towards the $2,800 level. Therefore, investors should focus on closely monitoring trading volume and the behavior of key moving averages to gauge the strength and sustainability of the current rebound. In the long-term, Ethereum's underlying fundamentals and its continued development remain strong, making dips attractive buying opportunities for patient investors. The key takeaway: Strategic allocation and tight risk management are paramount during this period of uncertainty.
- Monitor the 50-day SMA around $3,250 for a potential breakout, which could signal further upside.
- Set stop-loss orders near the $3,100 support level to manage downside risk in case of rejection from resistance.
- Track trading volume during the next few sessions to gauge the strength of the rebound and potential for a trend reversal.
— Sir John Templeton
Crypto Market Pulse
December 4, 2025, 23:10 UTC
Data from CoinGecko
This post builds upon insights from the original news article, offering additional context and analysis. For more details, you can access the original article here.
