Recently, Ethereum founder Vitalik Buterin expressed his concerns about the future development of Ethereum during a live broadcast. He specifically pointed out that the influence of U.S. companies in the Ethereum treasury could become a potential threat to the development of ETH.



Currently, the rise in Ethereum (ETH) prices does not seem to be based on substantial fundamental improvements. Market participants, whether institutional or individual investors, realize that this rally resembles more of a self-fulfilling expectation. Once ETF inflows slow down or the purchasing power of Ethereum-related companies declines, ETH prices may face a risk of correction.

The performance of ETH during the weekend is a clear signal. Due to the reduced activity of institutional investors on non-working days, market liquidity decreases, and the trend of ETH is even weaker than that of Bitcoin (BTC). This phenomenon reflects that the current support for ETH prices is mainly driven by institutional funds.

Although there are views that the current rise of ETH is brought about by a "bull market" fueled by several large investors, investors still need to remain vigilant. It is crucial to adjust investment strategies in a timely manner before the market bubble bursts. A deep understanding of the essence of market trends helps investors make more informed decisions.

As an investor, it is important to objectively analyze market conditions and not be misled by short-term fluctuations. Ethereum, as an important platform for blockchain technology, still deserves attention for its long-term development potential, but it is also necessary to be wary of the risks brought by market speculation. In this rapidly changing cryptocurrency market, maintaining a rational and cautious investment attitude will be the key to success.
ETH-1.49%
BTC0.04%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SatoshiSherpavip
· 08-17 08:51
Blockchain doomed ah
View OriginalReply0
MEVHunterBearishvip
· 08-17 08:51
buy the dip failed number +1
View OriginalReply0
ConsensusDissentervip
· 08-17 08:43
Favourable Information GMX shorting~
View OriginalReply0
Blockwatcher9000vip
· 08-17 08:38
It’s the rhythm of the sucker harvesting machine again.
View OriginalReply0
LostBetweenChainsvip
· 08-17 08:36
Are you retail investors? Have you all figured out this batch of goods?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)