CryptoQuant Analyst: Two On-Chain Indicators Suggest Ether May Be in Later Stages of Pullback
CryptoQuant analyst Burak Kesmeci said in a social media post, “Two different on-chain metrics may indicate that we are currently in the later stages of the ETH pullback. Current data suggests that Ether buyers are gradually regaining strength. However, time will tell if this is just a temporary bounce or the beginning of a strong rally led by the bulls.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
An address received 1,001 BTC from Matrixport/BIT.com, with a total of 3,000 BTC received within 24 hours.
Sui: The first 2x leveraged SUI ETF has been approved by the US SEC and is now listed on Nasdaq