Ethereum’s Bumpy Ride: LTHs Drop Out, but Buyers Keep Pushing Up

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Ethereum (ETH) has decided it’s time for a comeback after its dramatic dip, creeping back up to the $4,500 level. The rally is happening, though, with some of Ethereum’s most loyal long-term holders (LTHs) waving goodbye. But don’t worry, other investors are jumping in like it’s Black Friday to keep the price up.

Of course, it’s not all sunshine and rainbows. Ethereum’s on-chain data is showing that the ‘Liveliness’ metric is on the rise-basically, a fancy way of saying the long-term holders are cashing out. Big surprise, right? These LTHs hold the market’s power like a toddler clutching their last candy, and their selling can send the price down faster than you can say “FOMO.”

Ethereum Investors: The Battle of the Wallets

The thing is, these LTHs aren’t just casual players-they’re like the high school football team of Ethereum. When they start selling, the rest of the market often follows their lead like lemmings off a cliff. But wait-before you reach for the panic button-there’s a catch. While some of the big dogs are leaving, other investors are flocking in like it’s a new iPhone release. These mid-term holders are stepping in with steady inflows to keep the market from plunging into oblivion.

Think of it as a tug-of-war between the old timers and the fresh blood. The LTHs might be selling their stash, but the newcomers are buying it up at the same pace, pushing the price upwards. As long as this trend continues, Ethereum might just hold steady, despite the stormy sell-offs.

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But let’s not get carried away. Despite all the selling chaos, Ethereum is actually holding its own. The Chaikin Money Flow (CMF) is up like a stockbroker’s blood pressure after a good trade, signaling that the short-term and mid-term investors are in it for the long haul. They’re not just here for a quick buck-they’re committed to Ethereum’s future.

This influx of cash is doing wonders for the price, keeping it afloat and preventing any catastrophic drops. The bulls are still fighting hard, showing that even if the LTHs are losing faith, the new buyers are still all-in. You could say ETH is like that friend who keeps picking up the check even when it looks like they’re about to run out of cash. 💸

ETH’s Price: Staring Down a Wall of Resistance

Currently, Ethereum’s trading at $4,383, just a smidge below the elusive $4,500 barrier. It’s like that one friend who’s always almost on time for dinner but never quite makes it. Ethereum’s been trying to lock in $4,500 as a solid support level, but it’s like trying to nail Jell-O to the wall. So far, no luck.

But here’s the twist: if those inflows keep on coming, Ethereum might just bulldoze through that $4,500 wall like a shopping cart at a clearance sale. If that happens, we could be looking at a jump to $4,775, and who knows-maybe even back up to the all-time high of $4,956. That’s the kind of bullish move that could make even the most skeptical investor start dreaming of yachts.

But-and there’s always a “but”-if Ethereum can’t break through that resistance, we might see a retreat to $4,222, with a possible plummet to $4,074. If that happens, we might as well cancel the “bullish” party and start talking about where the nearest lifeboats are.

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2025-10-02 11:06