What's going on with Ether?
Everyone is telling us that we need to buy ETH. That it's the future and all that 🤒.
We bought at 2500, 2200 and even at 3500! But somehow there's no growth in sight. As I understand it, the hotheads have calmed down, but that doesn't make it any easier for us 🤕.
And what do the numbers say...
Over the past 30 days, the number of Ethereum tokens in circulation has increased by 62,699 ETH, increasing concerns about inflation.
The increase in volume occurs when demand for an asset falls, which reduces the rate of coin burning.
In short, when user activity falls, the burning rate also decreases, leaving more coins in circulation and vice versa.
The situation on the market is such that at some point, sellers and buyers took a break. In my opinion, there will be no upward movement before mid-autumn.
And our coveted price of 5500-6000, oh how long to wait!
