Key results:

• The ether collected 5% after the “Monday trap”, but the risk of the lever increases with Elr Binance on record highs.

• $ 1.65 billion in Stablecoin and $ 208,000 ETH pays sturdy accumulation.

• ETH with USD 4,700 maintains an open door to $ 5,000, while losing their risk of sharper correction.

Ether (ETH) shows resistance against Bitcoin (BTC) after sharing the latest “Monday trap”, a repeated pattern in which Longs Longs encounters steep liquidation at the beginning of the week. While ETH gathered up to 5% on Tuesday, BTC’s return was circumscribed to only 1%.

Data reveals On Monday, it consistently records the highest long liquidation, and the spikes reached 300,000 ETH in April and June. The pattern emphasizes how weekend optimism transfers losses when fluidity returns at the beginning of the week.

Despite the recovery of the ETH derivative landscape signals overheating. The estimated Binance (ELR) lever indicator in ETH increased to a record 0.53, dramatically compared to only 0.09 in mid -2020.

Elr tracks the ratio of open interest for exchange reserves, offering an indicator of how much traders employ levers. Higher values ​​suggest excessive optimism and greater risk of forced liquidation.

With open interest ETH hit The modern highest level of all time in the amount of $ 70 billion on Friday, such extremes signal a low -term risk, because excessive positions often precede the acute delever events that flush out traders in front of the next higher leg.

However, the spot flows paints a contrasting picture of strength. AMR TAHA cryptographic analyst steering This month, Binance showed over $ 1.65 billion in Stablecoin deposits, which means a second escalate above $ 1.5 billion in August.

These influences signal fresh liquidity preparing to enter the market. Meanwhile, ether payments from Binance amounted to almost $ 208,000, i.e. $ 1 billion, on Sunday and Sunday, which suggests that investors transfer assets in the frosty store, reducing the pressure on the sale side and strengthen long -term stubborn positioning.

The combination of growing lever and institutional accumulation leaves ETH at a crossroads. While the flow of liquidity and the expansion outflow tilts the stubborn, the extreme lever increases the risk of low -term variability.

Related: Sharplink added USD 252 million last week, on the left war chest worth USD 200 million

Ether Bulls must recover USD 4,700 to recover control

Ether accumulated heavily on Tuesday, climbing to 4579 USD after absorbing liquidity from the daily order block and again testing long -term support of USD 4,350. The shoot on the lower time frames remains constructive, but sustainable development is the key to continuation.

On the intra -Bench chart, the price of the Bear is filled with a difference of fair value from 4,600 to 4450 USD, with a risk of extension compared to USD 4000, if sales pressure is maintained.

In order for this gap to be annulled, ETH must recover earlier equal minima nearly 4,662 USD and provide decisive daily close to over 4,700 USD. Such a movement would equalize both lower and higher time frame structures, restoring the stubborn rush and opening the path to $ 5,000.

And vice versa, constant consolidation below 4,700 USD would suggest that the rally is driven primarily by a low cover, in which shorts closing their positions generate ephemeral pressure up, while sellers try to re -enter higher levels to reduce the lower price.

The lack of recovery of USD 4,700 maintains ETH in a decisive range of 4,700 to 4350 USD, with a break below USD 4350, probably causing a deeper correction in accordance with seasonality and a potential change in the market structure.

Until then, USD 4,700 remains a turnover separating the correction from the renovated stubborn leg.

Related: price forecasts 8/25: SPX, DXY, BTC, ETH, XRP, BNB, SOL, Doge, Ada, Link

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.