🚀 Ether managed to break $1,700, is this a golden opportunity? 😏

After intense downward pressure, Ether briefly dipped to $1,580. However, the data shows this asset remains viable, regardless of its current value.

Why is this interesting?

1. Ether's on-chain transactions and trading volumes declined after the peak in November 2021.

2. Santiment analysis shows psychological support at around $1,500. If achieved, volume could spike.

3. Many projects continue to use the Ethereum blockchain, strengthening its position in the crypto world.

What you need to pay attention to:

1. It is not "whales" who accumulate Ether, but retail investors who own at least 10 ETH.

2. ETH balance on exchanges hit a 5-year low of more than 14.8 million ETH.

Come on, share your opinion about Ether in the comments column! 🗣️✨