This recent market rebound has lifted Ethereum from below, and $ETH's movement is quite strong. Whether it can hold at the 8500 level depends on the trading volume moving forward. The crypto market's rhythm has indeed changed now, and the rebound has exceeded expectations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
8
Repost
Share
Comment
0/400
ChainSpy
· 12-13 17:09
The volume is fake; the main thing is whether big institutions are really putting real money into the market.
View OriginalReply0
YiMin
· 12-13 17:08
View OriginalReply0
FOMOrektGuy
· 12-13 17:07
8500? Dreaming. The trading volume isn't enough to sustain it.
View OriginalReply0
MidnightGenesis
· 12-13 17:04
On-chain data shows that the main buying volume of this rebound is concentrated in large wallet addresses. Whether the $8,500 level can hold depends on the exchange outflow volume, and unsurprisingly, it is a volume battle again.
View OriginalReply0
VibesOverCharts
· 12-13 16:54
If the trading volume can't keep up, all efforts are in vain. If 8500 can't be broken, it will just return to the original position.
View OriginalReply0
BearMarketSunriser
· 12-13 16:54
8500? Feels like it's going to drop again. Every time, it just bounces back and then starts to cut the leeks.
#数字资产生态回暖 Can Ethereum reach 8500?
This recent market rebound has lifted Ethereum from below, and $ETH's movement is quite strong. Whether it can hold at the 8500 level depends on the trading volume moving forward. The crypto market's rhythm has indeed changed now, and the rebound has exceeded expectations.