Ether reserves across centralized exchanges hit an almost nine-year low, reinforcing investor optimism for a potential market bottom that may start a recovery toward the $3,000 psychological mark.

Ether (ETH) and dogecoin (DOGE) led majors gains on Wednesday with a 9% jump in the past 24 hours, extending a bullish streak that’s seen both tokens gain double digits over the past week.

The U.S. Drug Enforcement Administration (DEA) announced Monday that delta-9-THCO and delta-8-THCO do not occur naturally in the cannabis plant and can only be obtained synthetically.