Longling Capital: Deposits 10000 ETH to Binance

Longling Capital moved 10000 ETH worth $15.68M to Binance one hour ago while a Metalpha-linked wallet sent 7912 ETH ($12.32M) 25 minutes later, raising questions about institutional selling pressure.

These flows coincide with ETH price prediction models factoring in potential crypto market crash scenarios and limited AI industry impact on near-term sentiment.

Price action on the 4h chart shows ETH at $1554.81 below the EMA50 resistance at $1825.44 and far under the EMA200 at $2067.74, locking in a bearish trend structure reinforced by the MACD death cross at -96.1; RSI at 17.59 marks oversold territory while price sits inside the Bollinger Bands with lower support at $1481.96 acting as the next volatility exhaustion target.