Good morning everyone, this is Pippi. This morning, I will share with you the latest news on Ethereum (ETH)
Good morning everyone, this is Pippi. This morning, I will share with you the latest news on Ethereum (ETH). There is a news circulating in the Jianghu recently that a mysterious person has successfully transferred 2000 Ethereum (ETH) Genesis, making a considerable profit. Such a large sum of money is astonishing. For a while, opinions were divided, with some speculating that the person's value would skyrocket to 2000 ETHs, and even some predicting that ETHs could soar to 2000 dollars.
Of course, there are some interesting speculations and jokes mixed in, and many people see this as an expectation for the prosperity of the cryptocurrency market and a mockery of future development trends. In fact, whether or not mysterious individuals have successfully transferred 2000 ETHs, they are reminding us of the unpredictability of the cryptocurrency market. So what exactly is it? Let's take a look!
Firstly, let's take a look at the latest news from Ethereum:
As shown in the above figure, it can be seen that Ethereum has increased by+7.28%The 24-hour trading volume is4 million 199 thousand and 300The 24-hour transaction volume is53 billion 787 million. The week before this, ETH showed signs of recovery in value, with prices rising in the past 7 days+13.64%%.
Ethereum (ETH) Genesis has turned out 2000 ETHs, making an astonishing profit?
On the 21st, Ethereum (ETH) revealed that the 8.2 year dormant Genesis whale had transferred 2000 ETHs, worth approximately $3.21 million. This giant whale bought at Ethereum ICO for $620, with a float of 5177 times, becoming a coin circle myth.
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ETH's DeFiTVL has grown to 21 billion$
However, it seems that the 'Encrypted Winter' did not make participants lose interest in DeFi products within the Ethereum ecosystem, but rather made them more enthusiastic! Now, Ethereum DefiTVL has risen to $21 billion and is still growing, which is truly an astonishing number!
Among them, the rise of liquid pressure tokens such as Lido and RocketPool has shown us the potential brought by the transition from PoW to PoS. Now, $45 million is flowing into this ecosystem every second, and this market is too hot!
Despite the harsh winter, the participants did not seem to have been "frozen in" and remained steadfast on this DeFi land, hoping for better development of the ecosystem in the future. Let's look forward to more innovation and achieve more success in this dynamic field together!
Ethereum (ETH) may rise to 2000?
Ethereum (ETH) has completed a double bottom form after rebounding from support of $1530, and now this price is waiting to verify the neck resistance of $1745. It's like completing a game, and now this Ethereum dragon is poised to fly into the sky.
When the 21st and 1000th moving averages intersect, two golden crossing patterns are formed, indicating that this upward trend will continue. After breaking through the neckline, trading volume is expected to soar significantly. Because the RSI index shows 75, it indicates the ability to maintain an upward trend. The MFI with a strength of 76 is not yet oversold, which means that Ethereum (ETH) still has some room for growth.
For Ethereum (ETH) bulls, trading above $2000 will mark the beginning of a bull market and serve as a catalyst for changing the rules of the game. But please note that if the support falls below $1670 and $1630, it may trigger another sell-off to $1550. So, as long as Ethereum remains above all moving averages, the upward trend will continue.
Alright, that's all for this episode. See you next time!
In the encryption industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can warm up and maintain insight. If you are alone, looking around in a daze, and realizing that there is no one, it is actually difficult to persist in this industry. Thank you for watching~
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