CryptoQuant Analyst: Two On-Chain Indicators Suggest Ether May Be in Later Stages of Pullback

CryptoQuant analyst Burak Kesmeci said in a social media post, “Two different on-chain metrics may indicate that we are currently in the later stages of the ETH pullback. Current data suggests that Ether buyers are gradually regaining strength. However, time will tell if this is just a temporary bounce or the beginning of a strong rally led by the bulls.”