#GasFeeImpact GasFeeImpact

I wrote a post yesterday where I pointed out that the reasons for the decrease in ETH gas (transaction fees) are more likely to indicate a bearish trend for Ethereum than the opposite.

Because it is not caused by a blockchain upgrade/improvement, but by a decrease in activity on the Ethereum network.

I think that these signals (like transaction costs) can and should be used in fundamental analysis. But only in combination with other signals.

I am interested in your opinion on this matter.

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