Is Ethereum Forming a Bottom Despite Bearish Metrics?
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app Ethereum looks shaky at first glance, but Alphractal's data and van de Poppe's charts hint the worst may be over. Ethereum (ETH) has once again slipped below the $4,000 mark as the market plunged after Federal Reserve Chairman’s unexpectedly hawkish remarks on Wednesday. As a result, ETH’s Buy/Sell Pressure Delta has turned negative, while on-chain volume also started to decline. But Alphractal believes this combination might not be as bearish as it appears. Real Euphoria Hasn’t Started According to the latest update shared by crypto analytics firm Alphractal, each time this metric dips below zero, one of two outcomes typically follows: either the p...