📉 ETH takes a dip to $3300, but don’t worry! 1M ETH left exchanges, showing strong activity. 💪 Long-term holders are staying put, and whales are buying more! With only 11% ETH available, a price surge could be on the horizon. 🚀$ETH $ENJ $NEAR
It is typical in prior Bitcoin cycles that an uptick in new demand tends to come alongside an elevated appetite for speculation. This tends to result in increasingly volatile markets, which is characteristic of macro up-trends in prior Bitcoin cycles.
90-day realized volatility has nearly doubled from 28% to 55% since October 2023, which marked the point where Realized Cap inflows started to accelerate higher.$BTC $NEAR $ENJ