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We're seeing a few signs in the smart contract space of volume reversal . This can be a leading indicator to price strength . Volume precedes price .
This space moves the market and developments will make the crypto space more efficient which will create more potential . Its great to have good competition . With the market leader (ethereum) having a major milestone turning the corner on PoW.. there is good chance for volatility in the space with its competitors . Ethereum I believe has a strong case going forward esp with Optimism and Loopring providing potential support in scaling within eth network .. however the upside in competitors like Kadena and Zilliqa does offer interest .
Whenn polkadot too has clear signs of volume reversal I have a feeling that it will be a key sign of market moving back into a bull phase .
That has not occurred yet in polkadot but it has in the other three cryptos in the video above .