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On chain data shows that the buy/sell ratio of Ethereum recipients has recently formed a crossover, which historically indicates that asset prices have reached their peak.Ethereum Maker buy/sell ratio recently crossed 280 day and 476 day moving averagesAs an analyst pointed out in a CryptoQuant post, the last time this crossover was formed was in May 2021, when ETH observed a bull market rebound at the top

After a drop of over 25% within a month, the price of Dogcoin is $0.071

Although not many people may have benefited from Elon Musk's acquisition of Twitter, the Doge community is undoubtedly pleased. The Musk effect is correct, and a dog landing on the moon is once again possible, as dog coins have risen by more than 120% in the past 7 days

Today, the Dog Coin J grid rose 12%, while the rest of the market remained calm.On chain indicators indicate that smart money may have offloaded their DOGE positions

On July 12th, Coin An announced that it had completed the eighth quarterly destruction of BNB, with a total of 808888BNB (worth $23838000) destroyed. However, unlike in the past, the BNB destroyed this time comes from the BNB share held by the Coin Security team

Original memes are the top 20 performing digital assets today.DOGE is currently the top 20 performing digital asset

ETH continues to rise, and in 2000, it belongs to the original price return. Breaking through 2000 is a release period for prices

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit

Recently, the Ethereum market has performed outstandingly, with its price breaking its recent high on May 5th, reaching $1945.During the same period, although Bitcoin remained volatile at a high point, it did not break a new high and its rise was significantly weaker than Ethereum.As of April 10th, ETH/BTC has risen by about 6.92% so far this month, reaching a maximum of 0.0679BTC, rebounding nearly 8% since March 20th.As of writing, Bitcoin has fallen below $28000, with a price of $27883 and Ethereum at $1830.The main reason why Ethereum has shown a strong upward trend and outperformed Bitcoin is due to the upcoming Shanghai hard fork upgrade on April 12th!Many experts believe that in the long run, hard forking is beneficial for Ethereum. up to now,The Shanghai craze helped Ethereum outperform Bitcoin in AprilCurrently, the positive signals surrounding Ethereum are evident:According to Glassnode data, the total value of ETH2.0 deposit contracts has just reached a 10 month high of $31601215618.82.According to data from the official website mainnet.beconcha. in of Ethereum, the total number of Ethereum pledges has exceeded 18 million ETHs, with a total of 18044134 ETHs pledged. The total number of Ethereum beacon chain validators has exceeded 560000.In addition, the Ethereum Beacon Chain ETH pledge APR (annual return rate) is 4.65%.L2BEAT data shows that as of now, the total lockup volume on Ethereum Layer2 is $9.17 billion, up 0.23% in the past 7 days. Among them, the largest lock-in volume is the expansion plan, ArbitrumOne, which is approximately 6.002 billion US dollars, accounting for 65.88%. The second largest lock-in volume is Optimism, which is 1.954 billion US dollars, accounting for 21.45%.The Ethereum Exchange showed a net transfer out status within 24 hours, with a net transfer out amount of 7.1344 million US dollars; Bitcoin experienced a net transfer phenomenon, with a 24-hour net transfer of $10.1 million.In addition to the good performance of data on the chain, the application scenarios of Ethereum are also constantly expanding, bringing hope for further breakthroughs in the market.Headquartered in Zurich, SwitzerlandFinancial bank IncoreBank announced that it will provide customers with Ethereum pledge servicesThe bank stated that customers using its Ethereum pledge service must fully comply with the "Know Your Customer (KYC)" and anti money laundering (AML) compliance requirements.Mark Dambacher, CEO of IncoreBank, stated that the bank will provide customers with Ethereum pledge services through quarantine wallets and comply with regulatory and tax regulations.However, although the Ethereum market is dominated by bullish sentiment, from today's market trend, the downward correction performance is still very obvious:Ethereum's price dropped as low as $1822 today, a daily decrease of 1.61%, while Bitcoin's price dropped as low as $27790, a daily decrease of 0.46%.Greeks.live macro researcher Adam tweeted that despite the upcoming upgrade in Shanghai, the implied volatility IV of Ethereum options has actually experienced a significant decline, with a drop of up to 8% in the past two days.He believes that the main reason for the decline in IV is the decrease in market liquidity caused by the Easter holiday. However, at the current level of volatility, it is abnormal for monthly IV to fall to the same level as Bitcoin, and a large number of users are adding positions to short the future volatility level.