热爱BTC的经济学爱好者
46 Following
10 Followers
5 Liked
2 Shared
See original
Analysis of Ethereum's Price Trends and Market Dynamics This Year
Analysis of Ethereum's price trends and market dynamics this year
Market performance overview:
As of now, Ethereum (ETH) has risen 40% year-to-date, significantly outperforming Bitcoin (BTC) at 30% over the same period. The price has broken through an 8-month high, currently stabilizing at the key level of $4,000. Technical indicators suggest that if the resistance level of $4,360 is breached, it may challenge the historical high of $4,890 from the end of 2021.
Institutional fund trends:
1. Spot ETF fund inflow:
- Monthly net inflow of $5 billion for spot ETFs led by institutions such as BlackRock
- Cumulative net inflow of $9 billion since July 2023
Market performance overview:
As of now, Ethereum (ETH) has risen 40% year-to-date, significantly outperforming Bitcoin (BTC) at 30% over the same period. The price has broken through an 8-month high, currently stabilizing at the key level of $4,000. Technical indicators suggest that if the resistance level of $4,360 is breached, it may challenge the historical high of $4,890 from the end of 2021.
Institutional fund trends:
1. Spot ETF fund inflow:
- Monthly net inflow of $5 billion for spot ETFs led by institutions such as BlackRock
- Cumulative net inflow of $9 billion since July 2023
See original
The US released CPI data, BTC and ETH rise instead of falling! The US core CPI year-on-year for July, not seasonally adjusted, rose further to 3.1%, the highest in five months, slightly above the market expectation of 3.0%. The seasonally adjusted core CPI month-on-month rose further to 0.3%, the highest since January, but lower than the estimated 0.4%. The CPI did not significantly exceed expectations, increasing the market's bets on a rate cut in September. This is why BTC and ETH can maintain their rise after the CPI announcement. #CPI数据来袭 #breakthrough4400#机构疯抢以太坊 $BTC $ETH
Login to explore more contents