Recent developments surrounding $ETH are attracting significant attention from both traders and investors.
Changes in Ethereum Foundation leadership:
Ethereum co-founder Vitalik Buterin has announced significant leadership changes at the non-profit Ethereum Foundation, aimed at increasing technical expertise and improving communication with ecosystem participants.
The Trump family's interest in Ethereum:
The Trump family plans to create one or more large businesses based on Ethereum. In particular, Donald Trump has reported holdings of Ethereum worth between $1 million and $5 million, as well as income from licensing deals related to NFTs.
Prospects
Changes in the leadership of the Ethereum Foundation could positively impact the platform’s development, increasing its efficiency and innovation. The interest of major investors such as the Trump family indicates growing confidence in Ethereum as a platform for business.
Recommendations for traders and investors:
Traders: Keep an eye on support and resistance levels, as breaking through these levels may signal the start of a new trend.
Investors: Be aware of fundamental changes in the Ethereum ecosystem that may impact the long-term value of $ETH . You may want to consider a long-term DCA investment strategy.
Remember that the cryptocurrency market remains volatile. It is recommended to conduct your own research (DYOR) before making investment decisions and invest no more than you can afford to lose.