Anothet key points about $ETH
⚪ Signs of Upside Potential: The ratio of network valuation to trading volume has steadily decreased in recent months, which could imply that the token’s value is currently undervalued. This, in turn, suggests potential for significant growth.
⚪ Derivatives Market and Market Sentiment: Despite price increases, the derivatives market did not respond strongly. However, a shift in market sentiment from neutral to greed could lead to more ETH purchases in the coming days.
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