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Ethereum (ETH) Bullish Euphoria Reaches All-Time High Before Bitcoin Halving

Claudia Rivera

Summary: Ethereum bulls have reached a new level of optimism this year, according to Crypto Daily. The daily chart for ETHUSDLongs/ETHUSDShorts shows how the ratio has now reached another all-time high. This is happening at a time when investors in this market are deeply divided. In the past there was a lot of excitement about the ...

Ethereum bulls have reached a new level of optimism this year, according to Crypto Daily. The daily chart for ETHUSDLongs/ETHUSDShorts shows how the ratio has now reached another all-time high. This is happening at a time when investors in this market are deeply divided. In the past there was a lot of excitement about the Bakkt launch which to the surprise of the majority turned out to be a big bull trap. Both the US and Europe seem very concerned about terror financing and the role of cryptocurrencies in it.

This is not surprising at all considering central banks now seriously fear that cryptocurrencies could disrupt the status quo and take over their roles.

By Claudia Rivera

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Link: Ethereum (ETH) Bullish Euphoria Reaches All-Time High Before Bitcoin Halving   [Copy]
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