On Monday, the net inflow of the U.S. spot Bitcoin ETF was $61.98 million, while the total daily trading volume was $779.87 million, which is the lowest level since February 6 and also ranks third-low
CryptoQuant analyst Burak Kesmeci stated, "Two different on-chain indicators may suggest that we are currently in the late stage of ETH's pullback. Current data shows that Ethereum buyers are gradually regaining strength. However, whether this is just a temporary rebound or the beginning of a strong bounce led by bulls, only time will tell."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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