Renowned Analyst Warns on Ethereum: “Whales Are Watching This Level”
Key Highlights Joao Wedson warned that Ethereum has a significant concentration of bullish positions vulnerable to liquidation, particularly up to the $1,200 price range. A sharp decline could force long-position closures and increase selling pressure on Ethereum. Wedson described Ethereum’s current risk-return profile as less favorable than Bitcoin’s, despite liquidation risks in both markets. Ethereum ...