Category: general

The post The Top Crypto Whale Investors Are Buying to Hedge Their Bets as Ethereum indicating fresh weakness in its recovery to reverse crucial support, big players in crypto are quietly rebalancing their portfolio. These big players in crypto aren’t holding back for momentum to return to ETH, opting to make their portfolio adjustments by diversifying their investments in cryptos with stronger levels of accumulation, cleaner growth, and significantly better reward/risk ratios in these market conditions. These big players have unexpectedly brought forward a new market frontrunner, Mutuum Finance (MUTM). In contrast to many new cryptos, MUTM is actually on the move due to genuine demand, with its ongoing presale now in Phase 6 for just $0. 035, significantly over 95% sold out, with support from more than 18, 120 holders contributing in excess of $19M to date. It’s no wonder why these big players are now pointing to MUTM, with its increasing DeFi applications and testnet launch on the horizon, as their new safety hedging mode and one of the top crypto options for investors while Ethereum remains vulnerable. Ethereum Holds $3,000 Support as Traders Eye Next Move Ethereum (ETH) is now displaying its first signs of short-term market stability, rising 2. 17% in the last 24 hours to range closer to $3,076, with buyers tentatively re-entering in the region of $3,020-$3,050. On its 4H chart, ETH is forming a small base above $3,000 after bouncing from its lower Bollinger Band, trying to break through to the middle band levels. Still, it’s below its EMA group with a negative slope, indicating bears are in charge, albeit with decreased momentum. Breaching levels above $3,140-$3,180 could lead to subsequent action in the region of $3,250-$3,300, or slide back into its support region at $2,980-$3,020, which has behaved like a magnet for market participants. And with market direction yet to be determined for ETH, some market participants.