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According to Glassnode co-founder Negentropic stated that ETH is quietly preparing for its next breakout. The price has reclaimed the 50-day moving average, signaling a trend shift with steadily rising momentum.
He noted that this pattern has appeared twice before, each time followed by a strong rebound. Based on current market structure, the bearish window for ETH—and for the broader crypto market—has effectively closed, with a new phase of upward momentum now taking shape.
WRITER’S INTRO
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