Ethereum Market Dynamics: ETFs and Spot Trading
Ethereum has experienced a mixed reception in the market in recent weeks. While its exchange-traded funds (ETFs) have seen weak demand, spot traders appear to be taking advantage of the recent price dip to accumulate more ETH. This buying pressure is evident as exchange net outflows have increased, indicating a potential 30% rally if the market continues to support the double bottom pattern observed on the daily chart.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
