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Since August last year, Ethereum has shown a downward trend compared to Bitcoin, indicating that Bitcoin may be a more advantageous investment choice during this period. However, historical trends indicate that market trends may change at any time, and Ethereum may soon enter the accumulation stage

Since August last year, Ethereum has been in a downward trend relative to Bitcoin. This means that during this period, Bitcoin has been considered a more attractive investment

Recently, Bitcoin has shown relatively strong performance, with multiple attempts to break through the resistance range of $28000 to $28500, while Ethereum has been relatively weak, with only one test of the resistance level of $1750. This article will briefly analyze Ethereum's recent price performance and possible influencing factors

IntoTheBlock stated that as speculative activities disappear and users migrate to Layer 2, the cost revenue of Ethereum networks has dropped to its lowest level since April 2020.October 14, 2023 2:24 amUpdated on October 14, 2023 at 2:27 amEthereum network fees (IntoTheBlock)Cryptographic data analysis company IntoTheBlock stated in a report that Ethereum may enter a new system dominated by low network income generated by fees, testing its deflationary supply narrative for its native token Ethereum (ETH)

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Cryptocurrency continued to spend the weekend peacefully, and Bitcoin found buyers at a level of $28000. Although it cannot exceed the critical level of $28300, the fact that Bitcoin prices are hovering near the limit gives investors hope

An analyst said that BTC may rise by 80% in the next two and a half months.CoinCodex predicts that Bitcoin prices may soon exceed $33000, while 'Trading Shot' is expected to rise to $50000 by the end of the year

Since the upgrade in Shanghai in May, EthereumThe validator queue of blockchain is cleared for the first time.Recently, the collateral yield of Ethereum has decreased from over 5% to 3

The largest meme coin, Dog Coin, has remained silent for a long time while continuing its downward trend. Famous cryptocurrency analyst and strategist Ali Martinez emphasized that DOGE needs to break through two resistance levels in order to officially enter the bull market, making important predictions

followIn the world of digital currency, Bitcoin seems to have always been the embodiment of freedom. Its decentralized nature has captivated millions of users worldwide, believing that they have found true freedom in the financial world

The debt ceiling is unlikely to be maintained as the government is facing increasing interest rate payment pressure, which is a potential catalyst compared to Bitcoin and cryptocurrency.The Federal Reserve of the United States released an important announcement on September 14th, revealing a cumulative loss of $100 billion for 2023