Glassnode co-founder: The bearish window for ETH has disappeared

Glassnode co-founder Negentropic posted on the X platform, stating that ETH is quietly brewing its next breakthrough. It has now climbed back above the 50-day moving average, with a trend breakout likely to follow and momentum continuing to rise.

This situation has occurred twice before, and the trend of strong rebounds is accelerating. The bearish window for ETH and other cryptocurrencies has disappeared. ETH will lead the market trend, representing a very strong configuration.