Ethereum: Bullish CVD Trends and Increasing Exchange Inflows

So here we are again in December, and once more, the Ethereum bulls have stopped the bears from pushing the daily chart lows lower. Those rising lows are a classic sign of a potential rally, and we've got the cumulative volume delta (CVD) indicator backing that up. On Binance, it shot past $200 million, showing that buyers are really taking control of the market. But to really confirm this trend, ETH needs to break the $3,000 mark that’s over 10% higher than where it is right now. And since December 15, a bunch of coins have been moving to Binance. Seriously, the daily inflow volume almost hit $500 million right before the weekend of the 17th and 18th.