Girl, as always you bring the best information, I really love your effort, thank you and a big hug.
七哥—ETH
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The Bitcoin Strategic Reserve Bill is Passed, Only a Step Away from the 100,000 Threshold; When Will Altcoins Have Their Spring?
Tonight at 10 PM, Trump said he will announce a very significant piece of news. The market interprets this as a trade agreement signed with a major country. Since this afternoon, there have been continuous reports from the UK, indicating that the tariff agreement with the UK has been finalized. This is definitely a positive for the market; if negotiations with China can succeed in a few weeks, then investors' confidence may really return.
Ethereum's upgrade has also been completed. Today's price follows BTC's rise. Is Ethereum's recent price increase related to the upgrade? Not much, it is purely driven by Bitcoin and the U.S. stock market, combined with a good washout, which was quite thorough—like a spring that has hit the bottom, directly linked to the release of Bitcoin. In contrast, this upgrade is certainly a long-term benefit, but before and after the upgrade, it has had basically no effect. Therefore, it is unnecessary to attribute this sudden spike to the completion of the upgrade. From another perspective, the staking cap has increased from 32 ETH to 2048 ETH, which does not provide much benefit to most people, but is still favorable for institutional operations. So, in the short term, and even long term, we need to closely monitor the inflow situation of Ethereum ETFs. Once institutional trading volume increases, it indicates that institutions are slowly accepting this staking model, and prices will reflect this, but such a surge in trading volume has not yet appeared.
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