Big Bitcoin Whale Sell-Off Dey Hit Market; ETH & SHIB Dey Resist
Bitcoin whale sell-off wen happen for 122,000 USD peak e trigger sharp downturn wey drag market go down. One big whale move 16,843 BTC go OTC desk, e spark defensive selling wey make price drop about $6,000 for each coin. Support for $111,000 hold small but if dem do full liquidation e fit test di $107,000–$110,000 area. Traders need watch Bitcoin whale sell-off alerts plus OTC flows sharp sharp for fresh market wahala. Meanwhile, Ethereum earlier rally because of Shanghai upgrade hope waka enter 8% jump pass $3,200 as staked ETH withdrawals unlock liquidity. But ETH recently no fit keep pass $3,000 psychological level, e fall back to $2,980 wit RSI near overbought and key EMAs at $2,587 (50-day) plus $2,474 (200-day) dey support am. Make e close well above $3,000 wit strong volume if e wan continue to go up. Shiba Inu rally stop for 200-day EMA about $0.000013, e reverse with high volume for classic liquidity grab. Without confirmed close above $0.0000122, SHIB dey risk fall deeper to $0.000011. Traders suppose dey watch on-chain metrics, whale movements and key technical signs for entry signals and manage risk as market dey waka up and down.
Bearish
Di Bitcoin whale tok sell-off na cause sharp price drop sharply, e cut key support levels dem and e raise volatility. Ethereum initial upgrade-driven rally lose momentum for $3,000 resistance, while Shiba Inu stall for im 200-day EMA, e show say distribution dey. For short term, these technical barriers and big big liquidations fit still hold pressure for price to go down. For longer term, consistent resistance and trader wey dey careful fit delay any big recovery till clear breakouts show with strong volume, make overall market outlook be bearish.