【Four major benefits of $ETH 】

After the blow of the new progress of Mentougou yesterday, the already sluggish market has become even more unpredictable.

If you don’t know which currencies you should operate at present, then buy: ETH.

At present, ETH has four major benefits:

1. Institutions such as BlackRock, Grayscale, and Franklin have submitted updated versions of the spot Ethereum ETF S-1 application documents again.

Combined with previous news, it is said that the ETH spot ETF will be launched in July, and this launch should be stable.

2. Last week’s ETH developer conference determined the time for the Prague upgrade, which was set in November.

Generally speaking, ETH upgrades are hyped for half a year, and now is the right time to lay out.

As for the benefits of the Prague upgrade? I will talk about it later.

3. The total staking amount of ETH has reached the highest.

The more the staking is locked, the less the tokens are in circulation, and the more benefits there are for the tokens.

4. The exchange rate of ETH/BTC has been stable above 0.005 for a month.

For the exchange rate of ETH/BTC, 0.005 is a key position. As long as this position is not broken, the bullish sentiment for ETH will not stop.

In short, although the incident in Mentougou caused a significant drop yesterday, for ETH, it was only a 5% drop, proving that the bearish sentiment of ETH is not serious, and no matter what Mentougou says, it will not compensate ETH, and the funds may flow to ETH after the compensation.

Therefore, the current price is 3370, and it is completely possible to arrange it. If it falls again, arrange it again, and buy more as it falls.

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