Ethereum trader executed a textbook sell-high buy-low sequence, offloading 60,000 ETH ($117.25M) plus 9,442 wstETH ($24M) at $2,040 average and 600 WBTC ($47.12M) at $78,538 before the drop, then repurchasing 60,088 ETH ($95.3M) and 10,000 wstETH ($21.08M) at $1,606 along with 611 WBTC ($38.68M) at $63,280 via wallets 0xb4d3bea9d824c4dd7ded7ccc93e6212e3f0b186a, 0x593c427d8c7bf5c555ed41cd7cb7cce8c9f15bb5 and 0xc1b6085ab3fd59106bE476AC91Fd04A3E4ac740e.

Current ETH price at $1684.69 tests the upper Bollinger band resistance at $1745.91 while the EMA50 at $1764.86 caps upside in the prevailing bearish structure defined by the EMA200 at $2030.35; the neutral RSI(14) of 50.72 paired with the MACD golden cross at -41.29 points to building momentum that favors a measured pullback toward the lower band support at $1496.88 before any sustained advance.