Odaily Planet Daily News Bitget Research Chief Analyst Ryan Lee said that every time ETH's gas fee falls to the bottom, it often indicates that the mid-term price has bottomed out. ETH prices tend to rebound strongly after this cycle, and when this moment coincides with the interest rate cut cycle, the market's wealth effect is full of possibilities. Earlier this week, the gas fee dropped to 0.6 gwei (gas unit), and low-priority transactions only cost 1 gwei or less. This has rarely been the case in recent years. Compared with the 83.1 gwei level when network activity surged in March, this fee has fallen by more than 95%. (Coindesk)