Ethereum is currently witnessing notable capital outflows, which combined with positive technical indicators, signal a possible sustained bullish rally.
The MACD, a technical analysis tool, hints at momentum possibly favoring a rise in Ethereum's price. This could suggest increased market confidence and potential upward trends for Ethereum holders.
Overall, this analysis points to positive future sentiment for Ethereum in the crypto markets, aligning with trends of possible valuation increases.
Source : ambcrypto.com ↗