【Digital Currency Daily Report】✨

🔥 Hot News 🔥

SHEZETH in trouble: project security is hit, 9,900 new tokens highlight industry risks.
LINK liquidity: 18.75 million LINK unlocked, successfully migrated to Binance platform.
ETHGas soared: fees soared 108.96% in just 10 minutes, miners' income surged.

📊 Market Dynamics 📊

US stock market volatility: mixed closings, investors' mentality is complex and changeable.
Legal judgment: William Koo Ichioka was sentenced to $36 million in compensation, and the majesty of the law was demonstrated.
Ethereum craze: Futures open interest hit a 20-month high, and market enthusiasm was high.

🚀 Price Trend 🚀

Altcoin Carnival: After the Fed cut interest rates, altcoin prices soared.
BTC new trend: The difference between price and hash rate may become a new factor in price increases.

🌐 Positive energy in the industry 🌐

Vitalik's good deeds: Joining hands with organizations to fund public goods and convey the warmth of the blockchain industry.

Large BTC transfer: Bitcoin mining address transferred $15.95 million, which attracted widespread attention in the market.

#数字货币超话 #区块链超话 #市场动态 #价格分析 #行业善行

Keep paying attention and keep up with the latest developments in the field of digital currency! 📈

📉 ETH/BTC at a new low, the market prefers BTC? 🔍

Recent data shows that Ethereum (ETH) has fallen to a 40-month low relative to Bitcoin (BTC). Although ETH's price remains strong, staying above $2,500, its performance is a bit inferior compared to Bitcoin.

Since the approval of the Ethereum spot ETF in July this year, ETH's market performance has not improved. According to conventional rules, the approval of these financial products should make it easier for institutions to legally access Ethereum. But it seems that investors are still more interested in Bitcoin.

Although the U.S. Securities and Exchange Commission (SEC) has not officially declared ETH a commodity, the Commodity Futures Trading Commission (CFTC) has repeatedly stated that ETH is a commodity. Analysts believe that Bitcoin's higher stability compared to Ethereum may be one of the reasons why institutional investors prefer Bitcoin.

However, as the first smart contract platform, Ethereum's innovation and practicality cannot be ignored. From DeFi to NFT to tokenization, Ethereum has been driving innovation in the cryptocurrency field. BlackRock CEO Larry Fink even predicted that the tokenization of real-world assets on Ethereum will reach a trillion-dollar market cap.

Whether ETH will rebound relative to BTC remains to be seen, but from the technical charts, the trend seems to be positive in the short term. And the bullish pattern on September 18 and 19 has been confirmed, and ETH seems to be rebounding from a key Fibonacci retracement level.

💬 What do you think the low ETH/BTC exchange rate means? Are you bullish on Ethereum's long-term prospects? Join us to discuss!

#以太坊 #比特币 #价格分析

🚀 66% of Ethereum addresses are in profit, are bulls ready for a leap?

📈 The daily chart shows that Ethereum is ready to go, having risen 25% since the August low. If buyers remain dominant today and maintain a break above the $2,600 mark, the next step may be to $3,300. $ETH
💰 ETH addresses in profit account for 66%

IntoTheBlock data shows that Ethereum has shaken off the weakness at the beginning of this week, with 66% of addresses in profit, which may prompt more holders to choose to hold rather than panic sell.

🔄 ETH holders increase holdings, bulls are ready to go

Historical data shows that ETH had a strong rebound after October 2023, reaching a high of $4,100 in March 2024. The recent recovery and market sentiment may support buyers.

📊 CryptoQuant data reveals accumulation behavior

Data shows that addresses holding a large amount of ETH are actively accumulating, which may indicate confidence in the future market and is a big positive for bulls.

🔑 Breakthrough of key resistance level

Ethereum currently faces a key resistance level of around $2,700 (the high on August 5). If it can break through with high trading volume, it may lay the foundation for further rise to the high of $3,500 in July 2024. $ETH

🤔 Investors need to pay close attention to market dynamics. Ethereum's next move will have an important impact on the entire cryptocurrency market. Whether the bulls are ready, we will wait and see.

#以太坊 #ETH #加密货币市场 #价格分析

[Digital Currency Daily Report] 🌟

🔥Hot Spotlight🔥

SHEZETH attacked: project security threatened, additional 9,900 tokens minted to warn the industry.
LINK migration: 18.75 million LINK unlocked and transferred to Binance, market turmoil revived.
ETHGas soared: fees surged 108.96% in 10 minutes, miners' profits exploded.

📊Market Dynamics📊

US stock market: mixed gains and losses at the close, investors' emotions are mixed.
Legal ruling: William Koo Ichioka was ordered to pay $36 million, demonstrating the power of the rule of law.
Ethereum craze: futures open interest hit a 20-month high, market enthusiasm is high.

🚀Price Dynamics🚀

Altcoin carnival: Altcoin prices soared after the Fed cut interest rates.
BTC new observation: price and hash rate differences may promote price increases.

🌐Positive energy in the industry🌐

Vitalik's good deeds: Join hands with organizations to fund public goods and convey the warmth of blockchain.

Large transfer: Bitcoin mining address transfers $15.95 million in BTC, attracting market attention.

#数字货币超话 #区块链超话 #市场动态 #价格分析 #行业正能量