3 Key On-Chain Metrics Suggest a Bullish Reversal in Ethereum Price

特邀专栏作者

2020-10-07 16:27 (UTC+8)

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DeFi tokens have corrected sharply over the past 30 days, but on-chain data suggests that Ethereum is in the early stages of a bullish reversal.

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DeFi tokens have corrected sharply over the past 30 days, but on-chain data suggests that Ethereum is in the early stages of a bullish reversal.

Editor's Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), Author: ANTÓNIO MADEIRA, reprinted with authorization by Odaily.

Editor's Note: This article comes from

Cointelegraph Chinese (ID: CointelegraphChina)

While the price of Ethereum (ETH) has been hovering between $340-$350 for the past month, multiple on-chain indicators suggest that Ethereum may be rebounding.

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On October 5, the U.S. Department of Justice also announced that John McAfee was arrested in Spain for tax evasion. The U.S. Securities and Exchange Commission (SEC) accused McAfee of promoting the initial coin offering (ICO), without disclosing that the ICO issuer paid him, so that He tweets about each project.

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