According to CryptoQuant analyst MAC. D, caution ahead of NVIDIA‘s results triggered a risk-off move in the US equity complex, with the crypto market retreating as Ethereum briefly tested the $2,870 level. Once NVIDIA beat expectations, market momentum reversed sharply, lifting both stocks and digital assets. On-chain signals show the $2,800 zone aligning with realized price clusters for both retail investors and whales, suggesting a credible support base beneath demand.
https://bitcoinethereumnews.com/ethereum/ethereum-rebounds-as-nvidia-beats-earnings-on-chain-signals-2800-support-and-whale-accumulation/
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