Ethereum Prague Upgrade: Is the Main Bull Run Coming Soon?
Based on past patterns of Ethereum upgrades, after each major upgrade, its price typically experiences a strong main bull run within the next three months. The Prague upgrade is expected to be completed in January 2025, but whether it will be delayed remains to be seen.
Reviewing Ethereum's upgrade history:
1. Upgrade Patterns: Each upgrade of Ethereum (such as the London upgrade and the Merge) has a significant impact on its ecosystem and performance, while also providing a driving force for price increases.
2. Short-term Volatility and Long-term Trends: Although each upgrade faces the risk of delays, in the long run, these technical improvements always inject confidence into the market, driving capital inflow.
Predictions for the Impact of the Prague Upgrade:
• Technical Enhancements: The upgrade will further optimize network performance, attracting more developers and users into the ecosystem.
• Market Sentiment: The completion of the upgrade will strengthen the recognition of Ethereum's value, driving capital inflow and supporting price increases.
• Time Window: According to past patterns, the three months following the completion of the upgrade may be a potential period for the main bull run to start.
Strategic Recommendations:
1. Preemptive Positioning: Build positions in batches during the upgrade expectation period to cope with short-term volatility.
2. Monitor Upgrade Progress: If delays occur, it may lead to short-term corrections, but it does not affect the long-term bullish trend.
3. Medium-term Targets: The main bull run window is concentrated within three months after the upgrade completion, and profits can be gradually taken in due course.
Ethereum's Prague upgrade may open up a new market upcycle; patiently waiting is currently the wisest strategy!$ETH