Good evening, brothers!
A sunny day on an early winter weekend.
A few colleagues had a meal together.
The dishes are good.
The price is a bit expensive.
There are clothes drying everywhere in the front and back buildings.
The vegetable market is crowded with people coming and going.
It makes people feel the little happiness in life.
Took my daughter to see a movie.
I bought some popcorn when I got home.
The two kids enjoyed the meal very much.
Anyway, weekend time,
We must not let down this good mood! …
......
According to Bloomberg, since March this year, the transaction volume of Layer-2 networks such as Arbitrum and Optimism has increased significantly, with a growth rate of up to 430%, while Ethereum's transaction fees have plummeted by 87%. Layer-2 solutions greatly reduce transaction costs and improve transaction efficiency by building a second-layer network on the Ethereum main chain.
Ethereum's token, Ether, has risen about 75 percent in the past year, but that still pales in comparison to the performance of Bitcoin, which has more than tripled in the same period, hitting new all-time highs.
In addition, Ethereum ETFs (Exchange Traded Funds) have not received a warm response from investors. In 2024, the inflow of funds for Bitcoin ETFs reached $31 billion, while the inflow of funds for Ethereum ETFs was only $242 million.
BTC: Looking at the 4-hour level, the price continues to remain above the middle track of the Bollinger Bands, and the price trend remains healthy.
At the daily level, prices continue to remain above the moving average and the price trend remains healthy.
To sum up, the support level is 96000 and the resistance level is 96500.
ETH: At the 4-hour level, the price continues to remain above the middle track of the Bollinger Bands, and the price trend remains strong, with support at 3640 and resistance at 3670.
LTC: The price continues to remain above the middle track of the Bollinger Bands, and the price trend remains healthy, with support at 98 and resistance at 103.
BCH: The price continues to remain above the middle track of the Bollinger Bands, and the price trend remains healthy, with support at 510 and resistance at 540.
That’s all for now, good night!
