Bitcoin Faces Potential Downside Pressure Amid Whale Selling While Ethereum and Shiba Inu Struggle to Sustain Gains
The post Bitcoin Faces Potential Downside Pressure Amid Whale Selling While Ethereum and Shiba Inu Struggle to Sustain Gains appeared on BitcoinEthereumNews.com. Bitcoin’s recent surge to $122,000 has been met with significant selling pressure from whale investors, signaling a potential shift in market dynamics. Ethereum’s brief breakout above $3,000 failed to hold, reflecting broader market volatility and the influence of Bitcoin’s price movements. Shiba Inu’s attempted rally was quickly reversed near the 200-day EMA, suggesting a likely liquidity grab rather than a sustainable uptrend, according to COINOTAG analysis. Bitcoin faces selling pressure from whale activity after hitting $122K; Ethereum struggles to maintain $3,000, and Shiba Inu’s breakout attempt is denied near key resistance. ‘, ‘
The post Bitcoin Faces Potential Downside Pressure Amid Whale Selling While Ethereum and Shiba Inu Struggle to Sustain Gains appeared on BitcoinEthereumNews.com.
Bitcoin’s recent surge to $122,000 has been met with significant selling pressure from whale investors, signaling a potential shift in market dynamics. Ethereum’s brief breakout above $3,000 failed to hold, reflecting broader market volatility and the influence of Bitcoin’s price movements. Shiba Inu’s attempted rally was quickly reversed near the 200-day EMA, suggesting a likely liquidity grab rather than a sustainable uptrend, according to COINOTAG analysis. Bitcoin faces selling pressure from whale activity after hitting $122K; Ethereum struggles to maintain $3,000, and Shiba Inu’s breakout attempt is denied near key resistance. ‘, ‘
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