Ethereum is edging towards a breakout at the 3,495 USD resistance level. Recent metrics reveal a surge in new addresses by 55.07% and a significant drop in zero-balance addresses by 52.98%, indicating bullish trends.
The taker buy-sell ratio reveals a slight preference for sellers, yet an increase shows buyers are gaining momentum. With ETH’s exchange reserves dropping, this supports long-term investor confidence and suggests sustained upward pressure.
Leave a Reply