#GasFeeImpact #GasFeeImpact

Yesterday I wrote a post in which I pointed out that the reason why ETH gas transaction fees are decreasing is more likely to signal a bearish trend for Ethereum than the other way around.

Because it is not due to blockchain upgrades/improvements but to a decline in activity on the Ethereum network.

I believe that such signals (like transaction costs) can and should be used in fundamental analysis. But only in conjunction with other signals.

I would like to know your opinion on this matter.

$ETH