$ETH Next, Ethereum has two potential positives, which are likely to be hot spots for speculation: 1. Ethereum Pectra upgrade time node was launched on the Holesky test network on February 24, landed on the Sepolia test network on March 5, and was officially activated on the Ethereum main network on April 8. Pectra is a portmanteau of two separate upgrades, Prague and Electra, comprising eight major improvements to the second-largest blockchain. The most anticipated of these is EIP-7702, which aims to improve the user experience of crypto wallets. Another major feature of Pectra, EIP-7251, will allow validators to increase their staked amount — from 32 ETH to 2,048 ETH. There is also the expansion of blobspace. In the current Ethereum network, each block contains 3 blobs, which are used to store transaction data and other important information. The Pectra upgrade doubles this number to 6 blobs, a change that will significantly improve data availability for Layer 2 solutions. By increasing the blobspace, layer-2 protocols can process and transmit data more efficiently. 2. Ethereum ETF staking, once passed, will also be a catalyst. Judging from Ethereum’s relative strength index (RSI), it has fallen to a historical low and is close to the extreme oversold range. This generally means that after the recent sharp correction, the price of ETH may be in a position to rebound. Coupled with Ethereum’s highly anticipated Pectra upgrade, scheduled to be launched in March 2025, this may become a positive factor boosting market sentiment. Although Ethereum's past upgrade events have often been accompanied by a "sell news" market, in the current oversold context, this upgrade may create an opportunity for ETH prices to rebound.
$DOGE This rhythm is pretty good, xrp. Pulling, driving the compliant five tigers (xlm. ada. hbar. algo). Then Dogecoin won't be missing from the scene either.
$TRX If we're talking about the most stable old mainstream, besides XRP it's TRX. Recently, there has been great news for TRX, but it hasn't received much attention. I feel like there's even more to come for TRX. 🤭
$HAEDAL $FLOKI Reminder in the group, continuing to rise sharply. Haedal is a liquidity staking of Sui, and because the market value is very low, it can explode quite fiercely. Floki, in addition to following the trend of Bonk, also has its own benefits, and the gaming ecosystem is developing rapidly.
$ETH Now can we call you Tai Ge? I've always been optimistic about Ethereum, and it rewards those who are steadfast and persistent. It truly reflects that saying: the harder and longer the fluctuations, the stronger the rise once it starts.
$PUMP Pump has also started buybacks, currently repurchasing 20 million dollars, with another 10 million waiting, starting direct competition with bonk. Can there be a continuous rally to regain lost market share? This is actually good, keeping an eye on each other can promote each other's prices🤭
$XLM $HBAR Wednesday ambush, currently up 60%. The EU has made concessions on tariffs, benefiting the payment sector. The HBAR coin will also perform well in the future, and there have been recent positive developments.
$XLM $HBAR Wednesday ambush, currently up 60%. The EU has made concessions on tariffs, benefiting the payment sector. The HBAR coin will also perform well in the future, and there have been recent positive developments.
$BTC The big pancake accelerates directly, reaching the small target This position is simply invincible, right? 🤭
Crypto_R
--
$BTC Discussing the market: The big pie has basically reached a new high; looking back, it has actually been quite fast. The reason people don't feel excited is that there hasn't been a rapid breakthrough upward, just stuck at the edge of the resistance breakthrough. So, this position is quite interesting; upward could be the start of a new trending upward market, while downward could be the beginning of a new downward market. However, from a technical perspective, it looks fine; the bullish trend remains. If it can break through 112000 and hold steady, then the upper target can be seen around 117000/125000. If it temporarily cannot break through, the recent support is around 110500; if this level holds, there won't be a significant pullback. If it breaks, then pay attention to the first pullback level around 109800. Ethereum has been strong this time, with more catching up, aligning with expectations. It is recommended not to chase now; wait and see.