Whale sold all the BTC and went long on ETH...



So... is there a possibility that ETH/BTC will have a period of consolidation and pullback for a while?

If the Whale's behavior of changing positions is seen as upward pressure on the exchange rate, then after the position change ends, the upward pressure disappears, and the downward pressure may slightly dominate for a period of time.

---------------EN---------------

Whales have finished selling their BTC and are now going all-in on ETH.

So... is it possible that the ETH/BTC pair is about to enter a period of consolidation or pullback?

If we view the whale rotation as upward pressure on the pair, then once that rotation is complete, the upward pressure will vanish, and downward pressure might take over for a while.
BTC1.07%
ETH2.36%
IN-6.08%
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