✨ Ethereum comeback soon?
Bullish divergence — a situation when the price of Ethereum is falling, and the volume of market purchases (Taker Buy) is growing — in the past often foreshadowed a trend reversal and subsequent growth.
Now we are seeing a similar signal again. Historically, such moments have proven to be successful for accumulating ETH before growth. However, as always, divergence is not a guarantee, but only increases the likelihood of a trend change. It is important to consider additional factors: macroeconomics, the activity of large players and the general state of the market.
We are following the developments.