SharpLink Gaming: Buys 29,196 ETH for $46.7M

SharpLink Gaming acquired another 29,196 ETH worth $46.7 million, lifting its three-day purchases to 39,196 ETH ($62.43 million) according to on-chain data from @OnchainLens.

Price sits at $1574.55 inside the Bollinger band with upper resistance at $1641.49 and lower support at $1531.81 while EMA50 at $1638.19 and EMA200 at $1803.52 define the bearish trend structure; RSI at 41.67 remains neutral yet MACD shows a bullish golden cross at -21.77, suggesting any test of upper band resistance could trigger a retracement toward the 50-EMA before continuation. Traders tracking ETH price prediction models now weigh this accumulation against broader crypto market crash risks and potential AI industry impact on institutional flows.