Mar 29
Mar 28
On-chain signs: bearish vs bullish
28-03-23, 16:53




Source: Sanbase 
Source: Sanbase 
Source: Sanbase 
Source: Sanbase
Bearish
If we look into Ethereum itself, we might see massive divergencies across many metrics.




All above are red flags suggesting a dump. Divergencies quite massive all over the board, we might need to dive deep to reset it.
Bullish
There is a reaction from holders that are probably scared by recent negative news - stablecoin dolphins and sharks:


And also some increased onchain activity on a number of altcoins forming a positive bullish divergence. For example, UNI:

The period of increased volatility is here. What's your bet?
Charts: