Zadnji 34.4-odstotni rally Bitcoin achieved stabilized the market after almost a month of a consolidated downtrend and the rally also reflected on Ethereum. Ko gre za altcine it is assumed they follow Bitcoin’s lead thus at the moment they should be rising as well. However, while Ethereum did follow BTC and jumped in value, at the moment it seems to be hitting consolidation again. Which way is ETH headed?
Ethereum spet v konsolidacijo
After registering a 28.8% rise in the past week, on July 27, ETH started showing signs of a slight slowdown. Despite the rising štetje transakcij, exchange activity hasn’t displayed any significant difference in terms of ETH moving in and out of exchanges as the trend of outflows continues. Even the derivatives market witnessed a slowdown as the Futures volumes suddenly came down.
Količina Ethereum Futures | Vir: Glassnode - AMBCrypto
Futures volumes reached $43 billion 48 hours ago and was back to $28 billion on July 27. Additionally, Futures short liquidations which was up by $81 million dropped by $60 million yesterday. These are all signs that these rises and rallies were the results of a sudden boom in investor sentiment along with the hype of the week’s rally. This marks a correction phase for Ethereum.
Je Ethereum še vedno dobra izbira?
Despite the fall in activity, Ethereum seems to still be in demand according to a ton of metrics. Firstly, the cryptocurrency is still a profitable asset. Relative unrealized losses had been dominating the market since early July, but that changed with this week’s rally. Currently, profits are rising with losses witnessing a severe fall which naturally is a good sign for the investors. Dobava v dobičku is also considerably higher than the supply in loss at the moment.
Ethereum nerealizirani dobički, ki prevladujejo nad izgubami | Vir: Glassnode - AMBCrypto
Nazadnje, razmerje MVRV (tržna vrednost do realizirane vrednosti), ki določa, ali ima kovanec pošteno vrednost ali ne, se je znatno povečalo, vendar je še vedno v makro padajočem trendu. Da bi Ethereum razglasil absolutni bikovski trg, mora ta kazalnik prekiniti ta upad.
Ethereum MVRV v padajočem trendu | Vir: Glassnode - AMBCrypto
Če upoštevamo vse, ETH še ni dobil močnega (e) primera za bikovski tek.
Kam vlagati?
Naročite se na naše najnovejše novice in analize Crypto spodaj:
Vir: https://ambcrypto.com/how-profitable-is-ethereum-in-the-current-market/