$ETH Contract users and spot users please pay attention. In the world of cryptocurrencies, Ethereum (ETH) has always been a focal point.
As the second largest cryptocurrency after Bitcoin, ETH's value and potential should not be underestimated. Historically, ETH's price movements have been full of volatility and uncertainty, but there have also been some remarkable high points. For example, on March 6, 2024, ETH broke through $3900.
Technological upgrades and developments
Ethereum has been continuously undergoing technological upgrades and improvements to enhance its performance and scalability. For example, the advancement of Ethereum 2.0 transitions from proof of work to proof of stake, significantly reducing energy consumption while enhancing security and scalability, which provides strong support for the long-term value of ETH.
ETH has shown strong performance recently, so why is there an expectation for ETH to break through $3900 again? Here are some possible influencing factors: ETH is about to undergo a monumental 3.0 upgrade, which not only enhances performance but also unlocks many new features.
1. Batch trading feature: Users can complete multiple trades at once without having to click confirm for each one.
2. Smart wallet features: Allow users to delegate certain wallet operations to smart contracts, supporting regular and automatic payment features.
3. GAS fee sponsorship: Allow third parties to pay transaction fees for users. This feature paves the way for many application scenarios, such as allowing applications to bear users' GAS fees, making on-chain operations free for users.
These updates will drive Ethereum to achieve large-scale applications more quickly. The future is promising. Whether you are a veteran in the crypto world or a newcomer to blockchain, don’t miss this upgrade. Remember to follow me to learn more about blockchain trends and insights.
Recommended to buy:
Positions around ETH 3550 can be accumulated, take profit near 3900, same for spot.
Strategy: Wait for a pullback to a suitable price around 3588 or 3550
