Is Ether Leeum an optimistic emission -is there a horizon on the horizon?
The price of Ether Lee (ETH) showed a big change of 1.86%last day. However, according to CoinmarketCap’s trading data, the popular Altcoin has grown negative since December 2024, despite the significant profits of last month. Interestingly, the basic market activity refers to potential price.
Ether Leeum is seeing powerful accumulation activities as the price drops.
After touching the $ 4,000 price tag, Ether Lee fell to a low drop of $ 3,000. In January Bitcoin’s remarkable profits, Ether Lee is continuing to struggle at the low lowest level during this period.
However, the Cryptoquant market expert in Username Crypto Sunmoon has shown that the market purchase volume has increased in the current price dip, which is optimistic in the ETH market. In the case of the context, when optimistic divergence occurs when the price of an asset is low, the momentum indicators create a higher lowest level, suggesting potential reversal or upward exercise.
In the case of Ether Leeum, the increase in price due to a drop in price indicates that the buyer’s demand is strong, especially at the current price level. This development suggests strong trust in asset profitability as investors expect pressure to surpass sales for the next few days.
Based on historical data, Crypto Sunmoon predicts that Ethereum can experience the same price soar, such as a similar strength in May 2024. In that month, ETH rises by more than 21%, according to the current market price, and Altcoin is expected to return to $ 4,000 if an estimated price lawsuit occurs.
ETH long -term holders inform strong market trust
In other news, INTOTHEBLOCK reports that Ethereum’s long -term owners have an average of 2.4 years of holding a tremendous trust in Ether Lee’s future value potential.
However, Ether Lee is faced with other problems, including the absence of short -term participants from preventing ETH from experiencing a significant level of speculative transactions to increase price audit. In addition, the rapid growth of the tier 2 solutions such as optimism and the one -layer block chain such as Solana also manipulates the potential market demand and attention of Ether Leeum.
In the prestime time, ETH is traded at $ 3,306 after receiving 1.86%of the last day. Meanwhile, the daily trading volume of assets increased by 55.69% to $ 30.3 billion. In a larger time frame, Ether Leeum has increased 0.22% on the weekly chart, but a 2.27% decrease in the monthly chart wants a lot for many short -term investors.
