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Ethereum nears market bottom against Bitcoin, though key signals remain unconfirmed: CryptoQuant
Ethereum trades below its realized price against Bitcoin, with onchain indicators showing reduced selling pressure and recovering demand. However, a definitive market cycle bottom has not yet been confirmed.
Related Signal
Adjacent reporting
- Has Reached a Market Bottom
- CryptoQuant sees bitcoin bottom near $53,600 while demand remains ‘deeply unfavorable’
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