#GasFeeImpact Yesterday I wrote a post pointing out that the reason for the drop in ETH gas fees is more likely to signal a bearish trend for Ethereum rather than the opposite.

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

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

I want to know your opinion on this matter.

$ETH