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Bitcoinist

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Ethereum Taker Buy Sell Ratio Shows Bullish Divergence – Time For A New Trend?

  • Ethereum is struggling to reclaim the $2,700 mark and faces selling pressure.
  • A recent hack on Bybit caused panic selling, driving down Ethereum's price.
  • CryptoQuant data shows a bullish divergence in Ethereum taker buying, indicating potential recovery.
  • The next few days will be crucial in determining if Ethereum can reclaim key levels or face further downside.

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