There is great activity in the crypto market. In the last two days, whales purchased $3.8 billion worth of Ethereum (ETH). Analyst Ali Martinez drew attention to 2 altcoin projects along with Ethereum and made warnings. He states that this large purchase could create a remarkable fluctuation in the market.
The First Altcoin on the Analyst’s List: High Demand for Ethereum: A Harbinger of the Rise?
Ethereum entered the radar of major investors with 1.14 million purchases in the last two days. Currently trading at $3,340, ETH signals that the uptrend may continue. Martinez drew attention to the ethereum purchases of whales, that is, large investors, and said:
Whales received 1.14 million ETH in 48 hours!
As we reported as Kriptokoin.com, such large-scale purchases usually occur before the rise. Looking at the current trend of the market, it seems that investor interest in Ethereum continues to grow. This may herald new peaks in the ETH price.
Polkadot (DOT) on the Verge of a Major Breakthrough
Polkadot (DOT) is forming a bull pennant, which is a strong bullish formation. DOT, currently trading at $6.34, could rise to $17, according to Martinez. Pointing to a major price movement, the popular analyst said the following regarding the DOT charts:
Polkadot DOT looks ready to break out of the bull pennant!
If DOT surpasses these critical levels, it could create a huge opportunity for investors. Technical indicators show that an uptrend is imminent. Investors are carefully watching DOT make this breakout.
Analyst Warns for This Altcoin: Critical Levels Have Been Determined for Aptos (APT)
Aptos (APT) started to give bearish signals. APT, traded at $8.26, is forming a head and shoulders formation, according to the analyst. If it fails to climb above the $10.50 level, it could decline towards $4.30. Warning investors about the Aptos price, Martinez called on APT followers to be careful and said:
APT must surpass $10.50 to avoid entering a downtrend!
If APT confirms the bearish scenario, there could be major selling pressure. However, if the bulls can take control, the current levels could become a strong support point. Therefore, investors need to be careful. The actions of major investors in the crypto market have always been critical. Massive investments in Ethereum, possible rise in Polkadot and uncertainty in Aptos may influence investors’ decisions. Keep watching the market!
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