#EthereumFuture

Ethereum accumulation addresses have purchased over 1.11 million ETH in the past week.

The steady decline in ETH net taker volume indicates that short traders are experiencing seller exhaustion.

Ethereum exchanges saw net inflows of 178,900 ETH on Thursday as investors booked profits from its recent price rise.

ETH bears continue to apply pressure at $1,800 and the 50-day SMA hurdle