$ETH

🔥 Ethereum: An Experienced Trader's Perspective on Current Events #ETH

Friends, over the past few years I have gone through all possible trials in the crypto market, and today I want to share my vision of the current situation with Ethereum.

Current ETH price: $2,720.22

Recent events:

1. Pectra update on the horizon: The Pectra update is expected in April, and the market is already starting to react. Experience suggests that such events often lead to increased volatility. Be prepared for sharp movements and don't forget about stop-losses.

2. SEC and staking in ETFs: Regulators are seriously considering the possibility of including staking in Ethereum ETFs. This could attract institutional investors but also add bureaucratic red tape. I recommend keeping an eye on the news and being prepared for any developments.

3. Ethereum Foundation and DeFi: The Foundation has directed $130 million towards decentralized applications. This is a step towards strengthening the ecosystem, but remember: large sums of money can both raise and crash the market. Keep your finger on the pulse and don't succumb to panic.