Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation

Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation

The Ethereum market has been a whirlwind of activity in recent days. After a brutal price correction last week, the world’s second-largest cryptocurrency by market capitalization has staged a mini-rebound, leaving investors wondering if this is the start of a sustained bull run or a fleeting flicker before another dip.

Ethereum Rallies, But Questions Linger

Ethereum (ETH) surged 3.7% in the last 24 hours, buoyed by a general uptick in the crypto market. This positive movement comes after a significant price drop that saw ETH fall to $2,850. The recent rise has sparked optimism among some analysts, with popular crypto figure Ali calling for a potential “one to four candlestick rebound” based on a buy signal he identified on ETH’s chart.

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