web3.0Bitcoin and Ethereum See Trading Volume Make a Huge Comeback as the Market Sentiment ImprovesBitcoin and Ethereum See Trading Volume Make a Huge Comeback as the Market Sentiment Improves
Bitcoin's trading volume made a huge comeback that not many expected since the market's sentiment remains suppressed.
Bitcoin's trading volume has seen a significant increase, which may indicate a renewed interest in the cryptocurrency. Several altcoins have also seen inflows from larger institutional investors, and the improvement of the market sentiment is a great sign.
After recently surpassing the $3,000 threshold, Ethereum might finally regain the confidence needed for the rally's continuation. However, there is an issue: the major 200 EMA resistance level.
Relative Strength Index (RSI) for Ethereum has left the oversold area, which appears to be showing signs of abating selling pressure. Despite buyers entering the market, the lack of a noticeable increase in trading volume suggests a cautious market.
Toncoin whales are pushing the asset forward, creating substantial buying support for the asset. After the most recent correction, whales are piling up on cheap TON available on the market.
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