10.16 Xiaodao Sharing

[News Interpretation]

The news shows that Kraken supports ETH re-staking on EigenLayer, providing users with additional reward opportunities, which may enhance the community's positive sentiment towards the Ethereum network and drive demand. The current ETH price is $2619.65, and this news can be seen as a short-term bullish signal. In the long run, if the re-staking function attracts more participants, ETH has the potential to rise. Investors are advised to pay attention to the market acceptance and the impact of relevant reward policies, and consider timely layout of short-term and long-term positions. Today's bullish

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