Arthur Hayes: Adds 644 ETH to $6.27M Position

Arthur Hayes purchased another 644.34 ETH worth $1.25M eight hours ago, lifting his eight-day accumulation to 3,270 ETH at an average price of roughly $1,917 according to on-chain data from lookonchain.

Price action now sits at $1935.11 inside the Bollinger Bands with upper resistance at $1961.29 and lower support at $1870.05 while the EMA50 at $1884.03 and EMA200 at $1788.62 continue to anchor the bullish structure.

With price testing upper Bollinger resistance at $1961.29 while RSI(14) at 61.73 stays neutral and MACD shows a death cross at 16.89, a healthy retracement toward the 50-EMA support at $1884.03 appears probable before continuation. Traders tracking ETH price prediction models and potential crypto market crash scenarios should monitor this confluence closely alongside any AI industry impact on risk appetite.