ETH just experienced a mid-week demand resurgence but could this outcome push above $4,000 or is it a temporary move?
Ethereum ETFs and whales demonstrate continued inflows.has regained its bullish momentum in a surprising turn of events. This is despite expectations of more downside as profit-taking accelerated from its recent local high.
The bulls have been attempting to hold their ground so far, although price slid slightly to a $3,912 press time price.Could this also be a temporary move? The RSI signaled that the Ethereum native cryptocurrency could still embark on more downside in the coming days. This acquisition may have contributed to improved sentiment, diverting from the bearish start earlier in the week. However, it was not the only ETH-related bullish news.
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