ETH: Powell Hawkish Speech Triggers Whale Exit

ETH slid after Powell delivered hawkish comments in his first appearance, prompting a whale address to deposit 5972 ETH worth $10.59 million into Binance at $1774.24, exiting a position opened March 27-28 and locking in a $1.287 million loss.

On the 4h chart ETH trades at $1757.69 inside the Bollinger bands, with neutral RSI at 52.02 and a MACD death cross at 14.71; price sits above the EMA50 support of $1734.38 yet well below the EMA200 resistance of $1894.25, pointing to a likely probe of lower band support near $1708.32 before any sustained recovery in ETH price prediction scenarios shaped by ongoing crypto whale movements.