The daily Ethereum active addresses have jumped to 30% after the recent price gains. The crypto fear and greed index spiked to 73 after Bitcoin [BTC] broke above $67,000. Ethereum [ETH] is yet to post significant gains, trading at $2,604 at press time. However, there are bullish signs indicating a potential price increase, including a bullish divergence on the daily chart and high Ethereum exchange outflows. The rising number of active addresses and profitability also suggest growing demand for ETH.
The daily Ethereum active addresses have jumped to 30% after the recent price gains. The crypto fear and greed index spiked to 73 after Bitcoin [BTC] broke above $67,000. Ethereum [ETH] is yet to post significant gains, trading at $2,604 at press time. However, there are bullish signs indicating a potential price increase, including a bullish divergence on the daily chart and high Ethereum exchange outflows. The rising number of active addresses and profitability also suggest growing demand for ETH.