Ethereum Price Prediction: Whales Keep ETH Under Pressure
Ethereum Ethereum Price Prediction: Whales Keep ETH Under Pressure Ethereum is facing pressure from two sides as whale positioning stays negative and ETH/BTC remains inside a descending channel. For now, ETH needs stronger buying activity and a clear ETH/BTC recovery to weaken the bearish setup. Ethereum Whales Stay Bearish as ETH Price Holds Near $2,300 Ethereum whales are still showing a bearish position, according to the Ethereum Whale vs Retail Delta chart shared by CW. The chart shows the whale vs retail delta moving below zero in recent weeks. That means whale positioning has turned negative compared with retail positioning. In simple terms, larger traders appear more short than retail traders. Ethereum Whale vs Retail Delta Chart. Source: ETH price is holding near the $2,300 area, while the delta remains in the red zone. This suggests whales have not yet shifted back to a bullish stance, even after Ethereum stabilized from its recent decline. The chart also shows that previous positive delta periods often appeared during stronger ETH moves. However, the current negative reading shows a different setup. Whales still appear positioned for more downside or at least remain cautious. If the whale vs retail delta stays below zero, ETH could face pressure near current levels. A deeper decline