After Ethereum holds at $1800, can the Pectra upgrade propel ETH to $2000?! 🚀🔥
ETH stabilizes at the $1800 mark, with the Pectra upgrade imminent (May 7)! The upgrade will enhance the staking limit, increase the number of Blobs, and reduce transaction costs, benefiting Optimism and dApps, while also providing technical support! 🔑
The 4-hour chart shows ETH strongly fluctuating at $1755, aiming directly for $2000 after breaking through $1855! However, if it falls below $1755, $1676 will become the next support. 📉
Note! Before the upgrade, ETH deposits and withdrawals will be paused, with a brief downtime on May 7. The Pectra upgrade carries both risks and opportunities; is $2000 not far away?