Ethereum Outflows Signal Major Market Shift: Bullish Signals Emerge

Ethereum has seen a significant outpouring of funds from exchanges in recent days, indicating strong buying pressure and potentially setting the stage for an exciting market breakout. Analysis reveals over 200,000 ETH were withdrawn within the last 48 hours, signaling the accumulation by long-term holders. With Ethereum’s dominance approaching key levels, some experts predict a potential surge in prices towards 20% or higher, if resistance at 15.38% is overcome. This trend aligns with recent price fluctuations, as investors see Ethereum near $3,500 after recovering from its August lows.