A widely followed crypto analyst says that deep-pocketed investors are accumulating billions of dollars worth of Ethereum (ETH<\/a>) as the leading smart contract platform flashes a bullish signal on its daily chart.<\/p>\n In a new thread, crypto strategist Ali Martinez tells<\/a> his 65,400 followers on the social media platform X that in the past weeks, Ethereum whales have been busy gobbling up the leading altcoin.<\/p>\n \u201cEthereum whales have bought over 700,000 ETH in the past three weeks, totaling approximately $2.45 billion!\u201d<\/em><\/p>\n The whale accumulation comes as Martinez says that Ethereum is displaying<\/a> a bullish signal on its daily chart. The trader says the Tom DeMark (TD) Sequential indicator \u2013 <\/span>which is used to determine potential points of reversal for an asset \u2013 suggests that <\/span>a bounce is in sight for Ethereum.<\/p>\n \u201cThe TD Sequential has issued a buy signal on the Ethereum daily chart, predicting a rebound of one to four daily candlesticks for ETH!\u201d<\/em><\/p>\n Ethereum is trading for $3,575 at time of writing, a fractional increase during the last 24 hours.<\/p>\n Moving on to Ethereum rival Solana (SOL<\/a>), Martinez says<\/a> that its TD Sequential is also displaying a bounce signal on its daily chart.<\/p>\n \u201cSolana has hit a key support level at $141, with the TD Sequential showing a buy signal on the SOL daily chart! If this support holds, SOL could rebound for one to four daily candlesticks.\u201d<\/em><\/p>\n Solana is trading for $148.91 at time of writing, a 3.48% gain during the last day.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed crypto analyst says that deep-pocketed investors are accumulating billions of dollars worth of Ethereum (ETH) as the leading smart contract platform flashes a bullish signal on its daily chart. In a new thread, crypto strategist Ali Martinez tells his 65,400 followers on the social media platform X that in the past weeks, […]<\/p>\n","protected":false},"author":2,"featured_media":214884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-324980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/324980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=324980"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/324980\/revisions"}],"predecessor-version":[{"id":324983,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/324980\/revisions\/324983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/214884"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=324980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=324980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=324980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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