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ethereum breaking ATH soon?! negative netflows signal massive buy pressure and bullish sentiment… holders HODL strong as bulls eye uncharted territory 🚀
wtff ETH to the moon?? 🚀🌕 is this the REAL price discovery or are we all getting SCAMMED?! 😵
bro, ETH bulls are flexing hard, we’re about to moon with all these buys and withdrawals from exchanges triggering a bullish frenzy, let’s go
Ethereum has surged to highs near $4,700, its strongest level since November 2021, inching closer to its all-time peak of around $4,860. This rally hints at a potential phase of price discovery. A combination of tight supply, strong accumulation, and technical strength near all-time highs sets the stage for a breakthrough. If bulls breach the crucial resistance, Ethereum could explore uncharted territory, gaining momentum from traders and institutions. 🚀📈
Amid a significant accumulation trend, Ethereum witnesses large withdrawals from exchanges, indicating high buying pressure. The sustained negative Netflows suggest a bullish sentiment, as tokens are moved to private wallets or DeFi protocols, reducing immediate selling pressure. This trend, supported by a negative SMA30 of -40,000 ETH, strengthens the conviction among holders for further upward movement. 📉💪
https://altcoin.observer/ethereum-at-30-days-the-average-of-netflow-is-deepened-negative-buyers-dominate-the-market/
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