Data: glassnode co-founder: ETH's bearish window has disappeared
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ChainCatcher news, glassnode co-founder Negentropic posted on X, stating that ETH is quietly preparing for the next breakthrough. It has now climbed back above the 50-day moving average, with a trend breakout to follow and momentum continuing to rise. This situation has occurred twice before, and the strong rebound trend is accelerating. The bearish window for ETH and other cryptocurrencies has disappeared. ETH will lead the market trend and is a very strong allocation.
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