ETH regains the 50-day moving average, trend breakthrough imminent
According to Odaily Planet Daily, Negentropic, co-founder of the on-chain analysis platform glassnode, stated that ETH is brewing its next breakthrough and has regained the 50-day moving average. A trend breakthrough is expected thereafter, with momentum continuing to rise. Similar situations have occurred twice before, accelerating the strong rebound trend. The bearish window for ETH and other cryptocurrencies has disappeared, and ETH will lead the market trend, with very strong positioning.