Crypto Scenario Insights
What happened
ETH briefly dipped below the $1,700 threshold amid a broader $367 million market-wide liquidation event. Despite the leverage flush, on-chain data reveals significant whale withdrawals and major short-covering, suggestin…
What we think
The most likely outcome is range-bound consolidation around the $1,700 level (50% probability) over the next week.
Read the analysis
ETH Tests $1,700 Support: Leverage Flush or Whale Accumulation?
We explain what happened and what could follow. We do not forecast prices.