Regarding the Ethereum upgrade, the upgrade time will be around 22:30 tonight. A total of 18.1 million ETH are pledged in the beacon chain. 170,000 ETH will be unlocked within a week after the upgrade, accounting for less than 1%, and the impact will be limited. There may be selling pressure in the short term, but I believe more retail investors and institutions will choose to pledge more ETH. From the K-line trend, after the upgrade, as long as the selling pressure does not fall below the EMA20 daily line of $1,820, then the daily line is safe. #ETH

Follow me and get useful information and market analysis every day!