It’s uncertain whether the recent surge in Ethereum’s 24-hour trading volume is indicative of a rebound in Ethereum prices. Ethereum prices have been declining since the beginning of May, and so it is too early to tell whether the recent surge in trading volume is a sign of increasing demand or just a temporary spike. The best course of action for investors would be to closely monitor Ethereum prices and trade volumes before deciding whether to buy the dip. The market is currently in a volatile state which means that prices could swing wildly in either direction. Therefore, investors should always consider waiting for a more stable market period before entering any position.
Ethereum Price Prediction as 24-Hour Trading Volume Surges to $24 Billion – Time to Buy the ETH Dip?
