Market Overview

Ethereum is showing strong growth, breaking through key resistance at $2,580 and approaching the $2,645 mark. This indicates a possible beginning of an upward trend, especially in light of the recent breakthrough of the descending resistance line.

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🧠 Fundamental Factors

Scalability: Vitalik Buterin stated that Ethereum needs to increase by 10 times over the next year, even considering the growing use of second-layer solutions.

Restructuring of the Ethereum Foundation: The Ethereum Foundation has restructured its internal team of developers, renaming the main research group and reducing some staff.