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Ethereum Sees Neutral Netflow On Binance: What Does This Signal?

  • Ethereum's netflow on Binance has reached a balanced state, indicating a phase of neutrality in its market activity.
  • This neutral netflow suggests an accumulation phase where investors are holding their positions and waiting for a catalyst to buy or sell.
  • Ethereum's Open Interest on Binance is steadily rising, nearing an all-time high, which could indicate increased market activity.
  • Ethereum's recent 5% surge in price and increased market cap suggests a potential major rally and the anticipation of an upcoming altcoin season.

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