5 Reasons Why Ethereum Price Is Expected to Rise 20% on January 1st

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Due to the continued profit-taking and weak sentiment in the cryptocurrency industry, the price of Ethereum is still seeking a clear direction. However, factors such as inflows of funds from spot Ethereum ETFs, net outflows from exchanges, and MVRV technical indicators suggest that ETH may rebound by January 1st.

Several factors can explain why Ethereum may rebound by at least 20% before the end of the year. First, spot Ethereum ETFs are attracting more and more investors. Data shows that despite the correction in Ethereum prices, the assets of spot ETH ETFs continue to increase. The inflow of funds on Monday was $130 million, which partially offset the outflow of funds in the previous two days, bringing the total inflow to $2.46 billion and the total assets to over $12 billion.

Second, the outflow of Ethereum from exchanges is rising. IntoTheBlock data shows that the net outflow of exchanges fell to 49,600 ETH, the lowest level since December 19. This suggests that investors are actively accumulating ETH, which may provide support for price recovery.

Third, the first quarter is usually the strongest period for Ethereum. In 2023, ETH rose 60% in the first quarter, while the average increase in the first quarter of the past eight years was 92.75%. Therefore, investors expect that ETH is likely to rise sharply again in the first quarter of 2024.

In addition, the MVRV indicator is currently 1.54%, which is far from the higher valuation of 3.8%, indicating that ETH is still undervalued. The decline in the MVRV indicator further suggests that ETH has room to rise.

Finally, the technical side shows that ETH may rise by 20%. The weekly chart shows that ETH fell back when it approached the strong resistance level of $4,000. The current price still has about 20% room to go from this level. ETH remains above the 50-week moving average and the rising trend line since June 2022, which shows that bulls are still in control of the market. If ETH breaks through $4,080, the price is expected to climb further to $5,000. If the $2,812 support level is broken, the bullish scenario will be invalidated and ETH may pull back to $2,500.

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The Season of Altcoins is Coming, Bitcoin's Correction May Provide a Rebound Opportunity for Altcoins

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Recently, Bitcoin's price has experienced a correction, falling from the historical high of $108,135 set a week ago to $92,500. This price drop has not only shaken market confidence in Bitcoin's short-term trend but also shifted the focus to the altcoin market. Although altcoins have also reflected Bitcoin's correction, many investors and analysts believe that the altcoin market will see a rebound soon.

VanEck recently announced on the social media platform X that the cryptocurrency industry is in an "altcoin season" since November 27. VanEck's head of digital research, Matthew Sigel, further explained that Bitcoin's dominance lays the foundation for altcoins' performance. As capital flows into the market, risk appetite tends to drive growth in emerging crypto applications such as decentralized finance, gaming, and NFTs, which may allow altcoins to outperform Bitcoin.

VanEck's outlook on the altcoin season also referenced data from the Artemis Altcoin Season Index, which shows that an increasing number of the top 50 altcoins are outperforming Bitcoin. The index started at 0.6 and has now reached 0.8, indicating that the market is entering an altcoin season, with funds possibly flowing from Bitcoin into these tokens.

In contrast, CoinMarketCap's traditional altcoin season benchmark shows that currently about 51% of the top 100 altcoins are outperforming Bitcoin. Although it peaked at 87 on December 4, it also hints at the market's activity level and potential for upward movement.

Many market participants have begun to bet on the rebound of altcoins, with cryptocurrency analyst Captain Faibik stating through technical analysis that the altcoin season has officially begun, and it is expected that more top altcoins will surpass Bitcoin, entering a new bull market phase.

Aave (AAVE) is steadily growing, with TVL hitting an all-time high, and the market outlook is broad.

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According to the latest analysis from DefiLlama, Aave (AAVE) has performed quite strongly in 2023, particularly showing a continuous upward trend in total locked value (TVL), token prices, and platform fees. Aave's TVL has risen from $6.62 billion in January to a record high of $23.1 billion in December, showcasing the platform's growth potential. Meanwhile, although the increase in fees has been modest, the ongoing upward trend also indicates that the demand for decentralized crypto lending platforms is on the rise.

Recent analysis from Santiment shows that the rise of AAVE is closely related to the sharp decline in the 'average dollar investment lifespan,' meaning that major stakeholders are reactivating dormant tokens, further fueling bullish sentiment in the market. In addition, active traders have also gained considerable profits, with a 30-day return rate exceeding 96% and an annual yield of over 290%.

Aave's growth is not only reflected in TVL and fees but also in the whale capital it attracts. Last week, Aave's deposits reached $38 billion, attracting significant interest from whales, especially capital inflows from Trump's World Freedom Wallet. Additionally, Aave's social volume is also on the rise, further solidifying its position as a leading DeFi participant.

Despite the market's exuberance leading to some bullish momentum encountering price corrections, experts believe that AAVE shows relative strength compared to other altcoins and still has greater growth potential. Analysts are generally optimistic about Aave's long-term prospects and point out that its current signs of relative strength in the overall market may drive prices further up.

Aave (AAVE) reaches a three-year high, strong on-chain indicators support price increase

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The native token of the DeFi platform Aave (AAVE) has reached its highest price in three years this month, breaking through $394. Although the price of AAVE slightly retraced last weekend with the overall market pullback, it still remains near the recent multi-year highs.

This price breakthrough is not a coincidence; various factors are driving it. Firstly, strong on-chain data indicates that the price trend of AAVE is strongly supported by platform performance and market demand. As the DeFi market gradually recovers, Aave's advantages in lending, liquidity mining, and asset management are becoming increasingly evident, attracting a large influx of users and capital. These on-chain data and the platform's activity may be one of the core factors driving the continuous rise in AAVE's price.

Overall, AAVE's strong performance reflects the potential of the DeFi ecosystem and the market's confidence in its long-term growth. With more innovations and platform features being launched, AAVE may continue to occupy an important position in the market.

Ripple surges 400%, new opportunities are coming: Rollblock's 100x profit potential revealed

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After the long-term lawsuit with the US Securities and Exchange Commission (SEC) gradually came to an end, Ripple (XRP) suddenly experienced a nearly vertical rise after months of flat performance. In just a few weeks, the price of XRP soared 400%, surprising many market participants. Although many investors feel that they missed the opportunity in this wave of growth, the cryptocurrency market is always full of new opportunities.

Among them, Rollblock, which has recently emerged in the field of crypto gambling, is becoming the focus of investors. This emerging project has not only attracted a lot of attention with its unique market prospects, but also become a hot topic for its potential 100x profit. By understanding Rollblock's operating model and market positioning, investors may be able to seize the growth opportunities in this emerging field.

Whale activity is recovering, can SHIB reach 0.00004 USD?

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Recently, the revival of Shiba Inu (SHIB) whale activity has attracted widespread attention in the market. With large holders possibly starting to accumulate SHIB tokens again, there is an expectation of a market rebound, especially in the context of a potential broader market recovery by the end of 2024. Although SHIB's current price is 0.00002229 USD, having risen 3.1% in the past 24 hours, this indicates that the market's selling pressure is beginning to ease. The surge in whale activity has driven accumulation and buying pressure, and if this buying momentum continues, SHIB is expected to approach the key level of 0.00004 USD, and investors should pay attention to subsequent market trends.

Shiba Inu (SHIB) whale activity surges, rebound potential emerges

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Recent changes in Shiba Inu (SHIB) whale activity reflect that the market may be undergoing an important adjustment or rebound. According to data provided by IntoTheBlock, the decline in Shiba whale activity is closely related to the price downtrend, followed by a significant recovery, particularly in terms of large transaction volumes and total trading amounts. This trend is worth further analysis.

Correlation between whale activity decline and price drop:
Since December 7, whale activity has gradually decreased, which coincides with the decline in SHIB's price. Whales typically engage in large-scale trading when market prices are rising. This reduction in whale activity indicates that significant capital in the market may be waiting for better buying opportunities or is cashing out profits.
On December 10, the record of a large transaction of 18.85 trillion SHIB significantly dropped to 1.07 trillion SHIB, showing that whale activity has notably slowed down in the past few weeks, and market sentiment has also exhibited some level of gloom.

Recovery of whale activity:
However, the sharp increase in whale activity in the past 24 hours, particularly the increase in large transaction volumes (up 250%) and the increase in currency value (up 265%), may signify a shift in market sentiment. This recovery typically indicates that whales are confident about SHIB's future trends and may be optimistic about rebound opportunities in the short term.
This change in trend could signal a reallocation of market funds, with whales possibly believing that SHIB prices are close to the bottom and starting to buy in large quantities to capture potential upside.

Possible market rebound:
Given SHIB's previous price drop and the recovery in whale activity, the market may be brewing a short-term rebound. This recovery often accompanies rapid changes in market sentiment, especially in the meme coin sector, where sentiment and capital flow often dictate price trends.
The surge in large transactions may also stimulate other investors to follow suit, especially in a market sensitive to SHIB's price fluctuations, further exacerbating price volatility.

The trading volume of Shiba Inu whales has surged by 265% in the past 24 hours. Can SHIB reach $0.00004?

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Shiba Inu (SHIB), as one of the most influential meme coins in the cryptocurrency space, often sees increased whale activity which typically draws market attention to its future trends. The whale trading volume has surged by 265%, especially after a period where investors were in a loss and profit-taking phase, indicating a potential change in market sentiment. This phenomenon may have several reasons:

Whales repositioning: Whales are typically sensitive to market changes, and they may believe that the current price is nearing a 'bottom' point, initiating large-scale purchases in anticipation of future rises. If this trend continues, it could provide support for SHIB's price.

Reversal of market sentiment: The price movements in the crypto market are often influenced by sentiment, and the trading behavior of whales often reflects their predictions of market trends. If this increase in activity is a genuine signal of reversal, SHIB may experience a short-term price increase.

Historical patterns: Shiba Inu and other meme coins often undergo significant volatility, especially after price adjustments, as investor sentiment and reallocation of market funds can lead to price rebounds.

Impact of external factors: For example, new community activities, partnerships, or technological updates may serve as catalysts for price rebounds. Additionally, changes in the overall market environment and macroeconomic factors, such as a strengthening dollar or policy impacts, could also affect SHIB's trends.

In summary, the increase in whale activity may be an important market signal reflecting their optimistic expectations for SHIB's future trends. However, such movements should be approached with caution as meme coins are highly volatile, and a rebound in the short term may not be sustainable. Investors should consider the risks of changing market sentiment.

XRP Volatility Disappears, But It's Not a Bad Sign

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As XRP consolidates in a bearish flag, the price movement has noticeably calmed down in recent days, with decreased volatility. With neither bulls nor bears making any significant moves, XRP's current trading price is close to $2.24, showing clear signs of indecision.

Despite this, such a seeming pause is not always a bad thing. A continuation pattern often observed in a downtrend is the bearish flag, which is visible on XRP's daily chart. While this may seem concerning at first glance, the lack of breakouts either upwards or downwards indicates that the market is in a state of balance.

A narrow price range and low trading volume signify this consolidation, indicating that traders are waiting for stronger directional signals. The decrease in volatility can mean different things. When combined with the bearish flag, it may indicate a lack of buying interest, which would increase the likelihood of further declines. If XRP breaks below $2.20 and struggles to maintain that level, it may test lower support levels of $1.69 or even $1.38. This would align with the continuation pattern implied by the bearish flag.

However, the decrease in volatility can also be a sign of significant moves. In some cases, if the overall market sentiment changes, these consolidations can lay the groundwork for a bullish breakout. If XRP can break through the flag's upper boundary around $2.40, it may regain momentum and aim for previous highs near $2.80. XRP's current stage can be viewed as a turning point. Low volatility indicates that, despite the technical pattern being bearish, the market is still waiting for a catalyst. While it's unclear whether there will be an upward breakout or further downward movement, the current consolidation is preparing for XRP's next big move. A surge in volume and directional breakouts are crucial predictive factors for investors to watch in upcoming events.

Ripple has strong momentum but slowing growth: XRP and Dogecoin's prospects analysis

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XRP has performed strongly recently, especially after Ripple whales bought 40 million XRP, and the market has become more speculative that it may rise to $3.5. At the current price of $2.24, analysts predict a target price of $2.55 to $2.65 in the short term, and $4 in the long term. However, like Dogecoin, XRP faces challenges in achieving exponential growth in the current cycle. XRP benefits from its mature cross-border payment technology and a solid business model. Although its growth is stable, the returns may not be as good as Rexas Finance (RXS), which targets untapped markets with higher growth potential.

Dogecoin has limited potential
Dogecoin (DOGE), as one of the popular meme coins, has performed relatively modestly recently. Despite a 332% increase since the end of 2023, DOGE faces challenges in maintaining its upward momentum, and recently fell 20% on a weekly basis. Currently trading at $0.3195, analysts predict that Dogecoin will reach a peak price of $0.90 by March 2025, a 125% increase. However, DOGE has limited growth potential compared to RXS. DOGE's appeal lies in its community-driven nature and historical price gains, but its growth in this bull run is capped at only 5x, far less than RXS.

Rexas Finance: A Transformative Growth Opportunity
Unlike XRP and DOGE, which require multiple cycles to achieve significant growth, Rexas Finance offers investors immediate growth potential through its innovative real-world asset (RWA) tokenization technology. RXS' presale price has risen 5x and is expected to rise 150x by early 2025, outperforming its competitors in both speed and scale. For investors seeking high returns, Rexas Finance is undoubtedly the most attractive option in the crypto market, far exceeding the return potential of XRP and DOGE.

Although XRP and DOGE each have certain market advantages, Rexas Finance has become the most promising investment opportunity in the current crypto market with its innovative tokenization model and huge growth potential. For investors who are looking to achieve higher returns in the short term, RXS is certainly an option worth paying attention to.

450 USD to 90,000 USD: Can Rexas Finance (RXS) Surpass XRP and Dogecoin?

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The cryptocurrency market offers many investment opportunities, although not all tokens can deliver the same growth. The recent rebounds of Ripple (XRP) and Dogecoin (DOGE) showcase their potential, but achieving significant gains may take years. In contrast, Rexas Finance (RXS) demonstrates stronger growth potential with its innovative tokenization approach for real-world assets (RWA).

Rexas Finance: Tokenization of Real-World Assets
Rexas Finance is revolutionizing the way we invest by tokenizing assets like real estate and commodities, helping global investors easily participate in markets traditionally reserved for wealthy investors. For instance, investors can purchase small shares of real estate or restaurants worldwide through the Rexas platform, generating passive income.

Compared to cryptocurrencies like Dogecoin, Rexas Finance offers greater utility and innovation. Key tools such as the Rexas Token Builder and QuickMint Bot streamline the asset tokenization process, solidifying Rexas Finance's leadership in the RWA tokenization space.

Growth Potential of RXS
The presale of RXS has been very successful, quickly selling out from Phase 1 to Phase 9, raising $26.375 million. The presale price for Phase 10 is $0.150, which is five times higher than the initial phase. It is expected that by early 2025, the price of RXS may exceed $10, bringing a 150-fold return.

Although DOGE and XRP show some potential, Rexas Finance, with its innovative tokenization technology and strong growth prospects, is becoming a formidable competitor in the future cryptocurrency market. If you are looking for promising cryptocurrency investment opportunities, RXS is a choice worth considering.

Trader issues Bitcoin alert, warns BTC could drop sharply if key support zone breaks down - that's his goal

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With Bitcoin (BTC) price fluctuating around $90,000, cryptocurrency analyst Ali Martinez has issued a warning about Bitcoin. He told his 102,400 followers on social media platform X that if Bitcoin loses a key support level, the price could plummet by more than 24%.

Martinez analyzed the Unspent Transaction Output (UTXO) Realized Price Distribution (URPD) model, which tracks the number of Bitcoins last moved in a specific price range, to determine key support levels. He noted that Bitcoin's current key support range is between $97,041 and $93,806. If this support area fails to hold, the price could fall sharply to $70,085 as there is little support below.

In addition, Martinez mentioned that the cost basis distribution indicator shows that most investors who bought Bitcoin around $90,000 are still holding their coins. Therefore, if Bitcoin falls below the key support range, it may prompt these investors to sell, thereby confirming that the support level has been broken.

As of writing, Bitcoin is trading at $93,235, down 2% in the past 24 hours.

Speaking of other crypto assets, Martinez also predicted that Cardano (ADA) may repeat a similar pattern of the 2020 cycle and may soon soar by more than 597% from the current price. He believes that Cardano is following a similar pattern to the beginning of 2020 and expects a sharp rise in the future after the bull market adjustment, with a target price of $6.

Everyone is discussing the upcoming altcoin season, but I think we need to wait a bit longer. The main players have just completed a round of market manipulation, trapping retail investors, and now they're starting to lift the market to release those trapped. It's like reaping what you sow.

For the true altcoin season to arrive, two conditions must be met:
The main players need to hold a large number of tokens.
Bitcoin (BTC) needs to regain its upward momentum.

These two conditions cannot be achieved overnight; they require time to accumulate. Looking at the weekly chart, Bitcoin has hardly shown any continuous upward momentum in the past month or two. Although there have been two consecutive bearish candles, we are not yet at a point of complete decline. Therefore, I am not very optimistic about the upcoming market; it may still face downward pressure.

However, this does not mean that altcoins have no opportunities. Many altcoins are now approaching historical bottoms. Although there is no clear bottom definition for altcoins, the current situation indicates that there is not much room for further decline. The current rebound in altcoins is more about reserving space for a potential pullback. If Bitcoin continues to fall, many altcoins may hit new lows.

Today, Bitcoin has again fallen below $94,000, but most altcoins have shown signs of a rebound, and the market seems to have some short-term confidence. The greed index is at 55, indicating optimistic market sentiment.

Price fluctuations are not instantaneous; the main players' tactics are quite simple: panic and time. But from a long-term perspective, I still have a positive outlook for next year's market. Be patient; opportunities lie ahead!

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Master this trick, and the fluctuations of Dogecoin prices will be in your control!

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If I were Elon Musk, holding 10 billion Dogecoins and 1 billion in spare cash, my goal would be to achieve a grand plan through "business empire + political action," especially to help Trump realize the MAGA strategy. These Dogecoins are just "scraps" to me, which can be used at crucial moments to protect my Tesla and SpaceX stocks.

The Value of Dogecoin

The real value of Dogecoin is actually the "leverage" of Tesla, SpaceX, and PayPal. Its price fluctuations are mainly influenced by Tesla's stock price; understanding Tesla's direction will also allow you to control Dogecoin.

Operational Strategy: Bitcoin vs Dogecoin

In the market, Bitcoin is gradually becoming the "follower" of U.S. stocks, while Dogecoin is the "follower" of Tesla. If you expect U.S. stocks to rise, you can buy Bitcoin; if you believe Tesla will rise, buying Dogecoin is more appropriate. However, it is important to note that market risks are significant. If Tesla drops 30%, Dogecoin might drop 60%.

Selling Timing: The Tail End of a Bull Market

Although Bitcoin and Dogecoin perform independently in the market, their trends are often closely linked. When a Bitcoin bear market arrives, Dogecoin will inevitably follow downward. Therefore, the best time to sell is when the Bitcoin bull market is about to end, especially in the second half of 2025, when altcoins may experience a significant surge.

Future Layout
From now until 2025, the market will enter a loose cycle, and Dogecoin and altcoins will exhibit considerable volatility. By seizing the opportunity for massive profits with altcoins, expecting returns of over ten times is possible. Therefore, be flexible and seize the opportunity at the tail end of the bull market to achieve asset appreciation.

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The Coming Altseason

Bitcoin’s dominance on the weekly chart has broken out of the rising wedge that started early last year. With more and more whale investors making strategic investments in the altcoin industry, it is certain that altcoins will outperform Bitcoin in the coming months.

The presence of over 12,000 altcoins in the cryptocurrency industry means that existing liquidity is severely diluted. Therefore, some altcoins may not experience a full-blown parabolic rise in the coming months.

In the expected altcoin season, cryptocurrency investors should carefully consider DeFi tokens that solve real-world problems, community-backed memecoins, well-funded second-layer tokens, and AI-centric tokens.

Ethereum cash inflow exceeded Bitcoin on Monday

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On Monday, Ethereum's cash inflow exceeded Bitcoin. On that day, the net inflow of US Ethereum spot ETF was about 130 million US dollars, and the cumulative net inflow has reached 2.46 billion US dollars. BlackRock's ETHA fund had a net inflow of more than 89 million US dollars in a single day and currently holds more than 1 million Ethereum. Fidelity's FETH fund had a net inflow of 46 million US dollars on Monday, and the total assets under management currently exceed 1.6 billion US dollars.

At the same time, except for BlackRock's IBIT fund, most US spot Bitcoin ETFs had net cash outflows on Monday. In the past three trading days, US spot Bitcoin ETF issuers have accumulated cash outflows of more than 1.1 billion US dollars.

Bitcoin ETF inflows decline, while Ethereum takes the lead: Is altcoin season coming?

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After experiencing a sharp decline over the past week, the cryptocurrency market has rebounded in the last 24 hours. Ethereum (ETH), BNB, and Solana (SOL) are leading the market. However, despite Bitcoin (BTC) once climbing to $96,000, the price fell back to around $94,000 during the European morning session on December 24 due to a lack of sufficient bullish sentiment.

Meanwhile, an increasing number of investors expect the cryptocurrency market to experience significant parabolic growth in the first half of 2025, which has driven higher returns for altcoins. Although Bitcoin's growth has slowed, it has still outperformed most altcoins over the past year, primarily due to mainstream adoption by institutional investors.

"Bitcoin tests 50-day moving average, market sentiment is low, and altcoins such as XRP are hit hard"

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The current market environment seems quite complicated, and the prices of Bitcoin and other major cryptocurrencies are facing certain pressures, especially in the context of testing the 50-day moving average (MA) on the daily chart. According to Andrew Thrasher's analysis, the 50-day moving average is an important support level, and testing this position may mean short-term price fluctuations or potential adjustments.

David Vallieres's view is more cautious. He believes that if Bitcoin falls below $92,600, it may return to the support level of $73,600 again, although he believes that the probability of this happening is 40%. His target price is still $123,000, which reflects his optimism about the long-term trend. The current market decline, especially Bitcoin's 2.7% drop and the 13% drop in the past week, shows that the market sentiment is relatively negative.

Altcoins such as XRP, DOGE and ADA are also facing similar pressures, with XRP's decline being particularly obvious, reaching 4%. This situation may be related to the overall downturn in market sentiment, especially under the influence of some key macroeconomic news, such as the Federal Reserve's statement that it is ready to implement fewer interest rate cuts in 2025, which has caused the market to lose some of its optimistic expectations.

Nevertheless, MicroStrategy's continued purchase of Bitcoin shows the long-term confidence of institutional investors in Bitcoin. However, this has not effectively boosted prices, which may indicate that the market is currently more affected by the macroeconomic and policy environment.

Overall, the current market is in a period of shock adjustment, and Bitcoin may face large price fluctuations in the short term, especially whether it can hold the 50-day moving average and the key support of $92,600. In the long run, if market sentiment improves, continued purchases by institutions may provide support for prices.

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The Accumulation Wave of ETH: Rising Investor Confidence

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According to data from CryptoQuant, the continuous accumulation of Ethereum (ETH) is showing a surge trend, indicating that more and more addresses are beginning to view this asset from a long-term holding perspective.

Currently, the number of addresses holding ETH has increased by 60%. These addresses account for 16% of the total supply, approximately 19.4 million ETH, significantly higher than 10% in August. This change marks a significant shift in investor behavior. Typically, this accumulation trend is seen as a bullish signal, indicating that investor confidence in the market is continuously strengthening, thus bringing upward potential for ETH prices.

If this trend continues, ETH could potentially see a significant increase in the near future.