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Recently, Danny Ryan of the Ethereum Foundation published the article "Reflections on Key Issues of Ethereum in 2023", which caused widespread controversy.He said: "At this time, the 'Ethereum Killer' (referring to Ethereum competitors) is wavering in the uncertainty of the bear market, and Bitcoin culture and technology are struggling in a blank, but Ethereum shows unprecedented strength

Popular cryptocurrency analyst Ali Martinex stated that Bitcoin's "most important support level" is between $26360 and $27160. This range is worth noting as it represents an important quantity of cryptocurrencies

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

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

The Layer1 project that is currently receiving attention has basically come to an end after Sui goes online.The Ethereum Killer narrative that began in 1617 has come to an end (not that Layer1 projects are cool and will continue to emerge, but rather that Ethereum can no longer be replaced)After the birth of BTC, many so-called BitcoinKillers emerged, including BTC Diamonds, Zcash, ZEC, Monroe, and even Ethereum, all aimed at solving a certain problem with BTC