Market Pressures Are Easing
31
Dec, 2024

Market Pressures Are Easing

After continuous weeks of market pressure, things seem to be easing a bit for cryptos, and especially for Ethereum.

 

The reason is that we can see some positive elements in Ethereum's fundamentals, which we have to make some calculations for its next moves.

 

The first element is that the ratio between buyers and sellers is still positive, which shows that there are investors who are still willing to pay for higher prices.

 

The second element is the fact that contracts on Ethereum have increased by over 3%, showing the interest of the world in its technology.

 

The third and final element is that the liquidations that must be made in the coming period do not exceed $6 million, an amount that is not large enough to buy the market.

 

Since we see many interesting elements in the markets, it is difficult to ignore them……..

 

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