🔥ETHEREUM can FLY ?🔥
We have news regarding the possible takeoff of #Ethereum based on the following data:
First of all, let's think about why investors are focusing on #ETH
🔸The focus on ethereum is related to the real phases of the #Criptomonedas market
🔸Historically, when the price of $ETH is doing well, it signifies the beginning of Altseason
What data do we have that may indicate a rise in the price of Ethereum?
🔹The use of $USDC on the Ethereum network reached an all-time high, so there is a large amount of USDC on the NETWORK that could soon be used to buy Cryptos
🔹A whale just purchased 30,000 ETH (> $75M) what can this purchase indicate?
- That the last time they made a similar purchase, the price doubled in 2 weeks, coincidence? It could be ..
✅ In the last 7 days, $1,100,000,000 entered the $ETH ecosystem. Very top data compared to other #blockchains
🔵 The ETH chart looks similar to the chart that #bitcoin had before the bullrun of 2020. If the history of $BTC repeats in $ETH and if the technical analysis is correct, the $ETH triangle will give a significant rise to the price of ETH and altcoins will start to rise.
Let's hope the expectations are met.
Source: TechConCatalina