Ethereum Technical Analysis 02-21-21
Ethereum **increases** its correlation with Stock indicates that it becomes a ****neutral position**** ποΈ. The price may **fluctuate less** in the coming day with price toward **mid-level**. However, it was relatively **stable**.
****Most Bullish News π**** Ethereum 2.0 improving progress https://cointelegraph.com/news/the-staking-race-late-entrant-ethereum-lags-behind-rivals-with-eth2 It indicates that Ethereum is gaining institutional supports. ****Most Bearish News π**** Ethereum whale domination https://en.ethereumworldnews.com/14-7-of-ethereums-circulating-supply-has-been-dormant-for-2-3-yrs/ It indicates that Ethereum continue stabling and faces correction in the future. Resources https://www.marketbeat.com/cryptocurrencies/ethereum/ https://cointelegraph.com/news/the-staking-race-late-entrant-ethereum-lags-behind-rivals-with-eth2 https://en.ethereumworldnews.com/14-7-of-ethereums-circulating-supply-has-been-dormant-for-2-3-yrs/
No comments yet