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ETHEREUM BULLS RIDE THE DIP WITH HEAVY BUYING PRESSURE AFTER BLACK MONDAY SELL-OFF

hagijeee
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  • Ethereum ETF investors show strength, forcing net inflows despite the bearish turbulence.
  • Ethereum exchange netflows witnessed an exodus of 152.4K ETH, suggesting investors bought the dip heavily after massive sell-off.
  • Ethereum may have bottomed and could be set for a rally despite bearish trend.

Ethereum (ETH) is up 2% on Tuesday as traditional and crypto-native investors have been scooping up ETH after the dip from Black Monday's sell-off. ETH also appeared to have found a bottom and could be set to reclaim the $2,803 support level. 


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