Summary
- There is an opinion that if Ethereum (ETH) continues its bullish trend, a full-fledged altcoin rally may occur.
- Swissblock noted Ethereum’s increased buying pressure and strong performance compared to Bitcoin, emphasizing that the next 72 hours will be important.
- Currently, it was reported that Ethereum is trading at $2,661, marking a 3.28% increase compared to the previous day.
There is an opinion that a full-scale altcoin rally may arrive if Ethereum (ETH) maintains its bullish momentum.
On the 9th (local time), the cryptocurrency data analysis firm Swissblock stated via X (formerly Twitter), "Ethereum is showing bullish signals. Buying pressure is increasing, demonstrating strong performance compared to Bitcoin." Furthermore, they said, "The next 72 hours are crucial," adding, "If Ethereum remains bullish, it signals the arrival of a genuine altcoin rally."
As of 9:34 PM, based on the Binance USDT market, Ethereum is trading at $2,661, up 3.28% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
