The Ethereum Foundation has launched the 'Trillion Dollar Security Plan', which is a positive factor for the long-term security and development of the Ethereum ecosystem, helping to enhance market confidence in it, but the direct impact on prices in the short term may be limited.
As the dominant platform for various applications such as stablecoins, DeFi, and NFTs, Ethereum's ecosystem continues to develop, with an expanding range of application scenarios and user base, which enhances the use value and scarcity of ETH, providing long-term support for prices.
Overall, there is a certain level of uncertainty in Ethereum's upcoming trends. Although the strength of the bull market has increased technically, the trend is not obvious, and market sentiment divergence along with the selling behavior of large whales puts pressure on short-term prices. However, the rising proportion of ETF holdings and the development of the ecosystem provide some support.
If market sentiment can further improve, capital continues to flow in, and there is a technical breakthrough of recent resistance levels, then ETH may welcome a new round of price increases; on the contrary, if selling pressure continues to increase and market sentiment turns pessimistic, prices may continue to decline. It is still recommended to adopt a wait-and-see approach over the weekend!
In addition, the primary market continues to have a positive outlook on the hero dog Conan, known for his understanding, with a narrative fully engaged, a team of tens of thousands driving forward, having consensus and experience to persist, and has been involved in charity and rescue efforts, showing great potential worth exploring!$BTC $ETH $SOL #山寨季何时到来？ #以太坊安全计划 #稳定币日常支付 #美国PPI数据来袭 #代币发射平台竞争加剧
