ETH might have completed its correction as the Long Term Trend Directions is strongly bullish.whale activity contrasted with its price, showing significant buying during the downturn.
The price successively retested the Tenkan and Kijun lines of the Ichimoku Kinko Hyo indicator, suggesting a stabilization. Again, the Long Term Trend Directions score the year could end at a strong bullish level of 0.82, suggesting a positive long-term outlook.Ethereum started a consistent climb, coinciding with the LTTD score maintaining above 0.5, indicating sustained buyer interest.The sharp decline in the LTTD score in July corresponded with a price drop, showing a short-term bearish phase.
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