ETH Whale: Nets $2.13M Floating Profit

An ETH leverage whale, already up $44.61 million over two months, watches his remaining 20,000 ETH long position swing back to a $2.134 million floating profit. This follows a dip from $1.227 million floating loss, marking a $3.361 million turnaround that screams deep pockets and ironclad patience. Average entry sits at $2287.2, with partial closes on April 20 and 21 locking in $1.042 million profits. Then, seizing a short-term ETH drop, the trader piled on 12,000 ETH at $2286.9, boosting holdings to 30,000 ETH with a new average of $2288.3—just edging back above water in this volatile crypto market crash avoidance play. Whales like this dominate ETH price prediction narratives, especially as BTC trends echo similar resilience.

Zooming into the 4-hour ETH chart, price action screams bullish conviction as it tests the upper Bollinger Band resistance at $2376.77, backed by a golden cross on MACD at 8.99 signaling sustained upward momentum. With RSI at 68.65 hovering in neutral-to-bullish territory, we're not seeing overbought exhaustion yet, but confluence builds around the EMA50 at $2331.29 acting as immediate support—expect a tactical pullback there to shake out weak hands before resuming the grind toward higher targets, all while the EMA200 at $2245.26 anchors the broader uptrend like a fortress. Lower Bollinger support at $2281.66 aligns perfectly with this whale's entry zones, turning potential volatility into prime accumulation spots for macro players eyeing Bitcoin parallels.