A wave of sell-side pressure tests the market’s nerves, but flat funding and leveraged bets hint at a volatile setup ahead.
The $118k level was a key battleground in the short-term, and the rising whale ratio could be an early warning of a deeper price dip.
Ethereum faces $3,800 resistance again, but this time, the supply crunch is real.
Some traders now eye a potential local top amid profit-taking signs.
