$OTC:ETHE
ETHUSD
ETHUSD
The coming days are crucial for Ethereum. If it doesn't gain strength, we might see a bear market (with a>10% downside, underperforming BTC) start. It shows a traditional double top formation, and the indicators have weakened at a lower level than the former top.
Fundamental of ETH better than BTC...
At present, the Ethereum blockchain is not just a player, but the very foundation for the rapid innovations in smart contracts, decentralized finance (DeFi), gaming, the metaverse, Web3, and non-fungible tokens (NFTs).
This has led to the creation of a vibrant ecosystem for Ethereum users and developers. Tokens created on the Ethereum blockchain are some of the most valuable cryptocurrencies.
From a portfolio diversification perspective, this growth in so many different areas of the blockchain and crypto space provides a certain measure of safety and much-needed diversification. The NFT market might be crashing, but the gaming and metaverse segment is ready to take off. So, while investing in cryptos is always risky, there's less risk because Ethereum is so well diversified.
...but ETH will do worse than BTC in a bear market (history has proven). So, keep an eye on the price the coming days!
The coming days are crucial for Ethereum. If it doesn't gain strength, we might see a bear market (with a>10% downside, underperforming BTC) start. It shows a traditional double top formation, and the indicators have weakened at a lower level than the former top.
Fundamental of ETH better than BTC...
At present, the Ethereum blockchain is not just a player, but the very foundation for the rapid innovations in smart contracts, decentralized finance (DeFi), gaming, the metaverse, Web3, and non-fungible tokens (NFTs).
This has led to the creation of a vibrant ecosystem for Ethereum users and developers. Tokens created on the Ethereum blockchain are some of the most valuable cryptocurrencies.
From a portfolio diversification perspective, this growth in so many different areas of the blockchain and crypto space provides a certain measure of safety and much-needed diversification. The NFT market might be crashing, but the gaming and metaverse segment is ready to take off. So, while investing in cryptos is always risky, there's less risk because Ethereum is so well diversified.
...but ETH will do worse than BTC in a bear market (history has proven). So, keep an eye on the price the coming days!
註釋
Bear Market has started.免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。