PANews|12月 09, 2025 01:51
[glassnode Co-Founder: The Bearish Window for ETH Has Disappeared]
Negentropic, co-founder of the on-chain analytics platform glassnode, posted on the X platform stating that ETH is quietly brewing its next breakthrough. It has now climbed back above the 50-day moving average, showing signs of a trend breakout with momentum continuing to rise. This situation has occurred twice before, and the trend of a strong rebound is accelerating. The bearish window for ETH and other cryptocurrencies has disappeared. Negentropic previously mentioned that the rise in prices of hard assets like gold, silver, and copper typically triggers better performance and a structural bull market transformation for Bitcoin. Global liquidity is shifting from financial tightening to expansion, and cryptocurrencies will be the biggest beneficiaries.
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