Most of the market is consolidating their holdings into BTC in the hopes of catching the next major rise. This is the great alt purge many thought would come in a bear market. But instead, the rise of bitcoin in a bull market has forced the hands of whales that have moved into alts as a safe haven from volatility.
The market direction can shift quickly so a daily...
ETH market cap reported record volume and price excelled past 200 D MA , breakout above $300 imminent. Etherscan is also showing a huge increase in onchain transactions: etherscan.io/chart/tx
onchain transactions are critical to the determination in value for the network.
ETH buy zone anywhere below 36 W MA