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On chain data indicates that Ethereum's closing price below $1530 may lead to a significant decline in cryptocurrency.Currently, Ethereum's support level is very weak below $1530In a new post on X, analyst Ali discusses the current support and resistance levels of Ethereum

Limited institutional interest in Ethereum in the context of a bear marketIn the context of the crypto bear market, starting from October 2nd, six different Ethereum futures financial instruments officially began trading, but have not yet reignited institutional investors' enthusiasm for ETH. The total trading volume of ETH futures ETFs on their first day was less than $1

At the beginning of this week, Bitcoin experienced stable performance over the weekend, while Shanzhai Coin continued to bear losses and experienced significant adjustments, indicating a possible bearish trend. This adjustment has affected some popular meme coins, such as dog coins and firewood coins, which have become the biggest losers of the day

According to Glassnode's data, when BTC whales accumulate, ETH whales sell. What's going on here?Famous figures in the Bitcoin industry have seized the opportunity to shoot their peers in the Ethereum community, but they also need to pay attention to the legal issues surrounding this industry

Bitcoin prices have started an upward correction since the $26550 region. BTC is on an upward trend and is facing strong resistance near the $27300 and $27500 levels

The NUPL indicator of Bitcoin shows the struggle between fear and optimism regions, and the current adjustment has returned to the fear region.Despite recent surrender, short-term Bitcoin holders have shown signs of reversal, indicating a potential strong return in the market

The weaknesses and overly complex regulations of Bitcoin keep cryptocurrencies away from counterfeit currencies. This has caused Bitcoin's market dominance to hover around 50% in the past few days

Last week, the price of Bitcoin fell below $27000, with short-term holders selling Bitcoin at a loss this year ranking second.BTC fell more than 3% last week, trading at $26887

As global turmoil escalates and macroeconomic uncertainty increases, analysts tell TheBlock that the value of Bitcoin is becoming increasingly apparent.Bitcoin is more user-friendly, stable, and globalized than some local currencies, especially in terms of geopolitical conflicts and sanctions

With the rise of smart contract platforms such as Ethereum, the application of blockchain technology has entered a new stage. These smart contract platforms make the application of blockchain technology more widespread and convenient, and may become one of the standard platforms for smart contracts in the future

Recently, the level of excitement in the encrypted world has been higher than usual, which is not without reason. Huge hedge fund manager Paul Tudor Jones recently called on investors to shift their attention to Bitcoin and gold, rather than traditional stock markets

Bitcoin, a digital currency that has been questioned, sought after, and once again questioned, has always been closely monitored for its price fluctuations. Despite recent fluctuations in Bitcoin prices, the overall trend has gradually stabilized