๐ข TradFi + DeFi: Ethereum Enters the RWA Spotlight ๐ผ๐
The line between Wall Street and Web3 is rapidly blurring. Following JPMorgan's DvP trials with Chainlink, BlackRockโs recent expansion into tokenized RWAs (real-world assets) is turning Ethereum into the go-to platform for bridging traditional assets onchain.
๐ฌ Larry Fink recently called tokenization โthe next generation for marketsโ โ and Ethereumโs infrastructure is quietly becoming the backbone for this transition.
๐ ETH/USDT Technical Outlook:
โ Resistance: ETH is approaching the $3,150 resistance zone, where sellers have historically stepped in.
โ Support: Key 20-day EMA sits near $2,950 โ a bounce here would show strong buying interest.
โ Bullish Trigger: A confirmed close above $3,150 could trigger a breakout toward $3,400, especially if TradFi demand increases onchain.
โ Bearish Risk: If ETH fails to hold the 50-day SMA near $2,900, we could see a retest of the $2,700 support.
๐ก Why It Matters:
As major institutions embrace tokenized securities, Ethereumโs role in global finance may expand โ possibly turning it into the settlement layer for future TradFi flows.
โ ๏ธ This is not investment advice. Always do your own research.
#ETH #TradFi #defi #CryptoAnalysis