Longling Capital: Deposits 10,000 ETH to Binance
Longling Capital moves 10,000 ETH ($15.68M) to Binance as ETH trades at $1560 with RSI at 18.33 oversold on 4h chart.
SourceAnalysis
Longling Capital deposited 10,000 ETH ($15.68M) to Binance, extending its record of buying low and selling high.
Price sits at $1560.44 inside the Bollinger Bands with lower support at $1483.02. The 4h structure remains bearish as EMA50 at $1825.66 caps upside while MACD death cross at -95.65 confirms momentum loss. RSI at 18.33 flashes deep oversold, creating short-term exhaustion that often precedes a relief bounce toward EMA50 before the next leg lower. Traders watching ETH price prediction models now factor this exchange inflow as distribution pressure amid broader crypto market conditions.
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