Ethereum’s $ETH rally hints at altcoin season
ETH has seen $43 billion in trading volume over the past 24 hours. This surge in activity has pushed the coin’s value to levels last seen five months ago.
When an asset’s trading volume rises alongside its price, it indicates strong market interest and confidence. This combination suggests that the rally is supported by significant buying activity. This makes it more sustainable and also reduces the likelihood of a sudden reversal.
