Ethereum Strong Rebound! 3 Reasons Why the ETH Bull Market is Coming
Momentum is leaning favorably towards Ethereum [ETH] — and this trend is not subtle.
In just 48 hours, the number of active wallets on the network surged by nearly 10% — from 306,211 to 336,366 — despite the price dropping to $1,585.70 on April 20.
Typically, when wallet activity increases while prices fall, it often suggests stronger forces intervening. Therefore, a price movement may be brewing in the background.
This intuition has been validated. ETH has rebounded strongly, climbing to $1,826 by April 25 — a robust rebound of 32% from the local low. This is not a fleeting moment. Fundamentals are also showing signs of improvement.
Uncle Jin is ready to make strategic moves; those looking to recover losses and flip their positions should come directly. It's crucial to follow the right people in this market; don't blindly open positions yourself!!!