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ANALYSIS: The market cap of the torrents could still break out significantly, and a successful rally would confirm that the market is shifting to the ethereum ecosystem

ANALYSIS: The market cap of the torrents could still break out significantly, and a successful rally would confirm that the market is shifting to the ethereum ecosystem

Bitget2024/08/18 13:49

Michaël van de Poppe, founder of MN Trading, said in a post on social media platforms that the market capitalization of the Bitcoin-divided torrents could still break out significantly.

If it rallies to the upside, it will confirm the bullish divergence and the fact that the market is shifting towards the ethereum ecosystem and away from bitcoin.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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