Ethereum Selling Pressure Drops 90% as ETH Rebounds – Here Is Why a Crypto Breakout May Follow

The selling pressure on Ethereum has substantially decreased by an impressive 90%, coinciding with a notable rebound in the value of ETH. This significant shift in market dynamics raises intriguing possibilities for the future, as many analysts believe that such a reduction in selling activity, combined with the recent uptick in prices, could set the stage for a potential breakout in the cryptocurrency market. In this context, it is essential to explore the underlying factors contributing to this phenomenon and the implications it may have for investors and the broader crypto community. source: https://blocknews.com/ethereum-selling-pressure-drops-90-as-eth-rebounds-here-is-why-a-crypto-breakout-may-follow/