The truth behind Ethereum's downturn: Mechanism transformation and market confidence crisis

The recent performance of Ethereum (ETH) has sparked heated discussions and market ridicule, but Vitalik Buterin is actually innocent. The foundation's sale of coins has limited direct impact on the market, and the core lies in the shaken confidence. ETH has fallen from a high of $4,000 to $2,100, and the conversion of the PoS (proof of stake) mechanism may be one of the root causes.

The historical contrast is sharp. The ICO and DeFi crazes have pushed up ETH. Although this round of L2 aims to reduce gas fees, it has accidentally diverted Ethereum traffic. Under the PoS mechanism, there is no price threshold for staking income, and coin holders can sell freely, exacerbating the imbalance between market supply and demand.

The ETH "re-staking" function may be a shipping strategy for the main funds, reducing the circulation volume to facilitate cashing out at high levels. Under the background of LSD development, re-staking has become a leverage tool, exacerbating market volatility. The main funds have quietly left the market, and retail investors are facing difficulties. Spot Contract Junyang👉@点这里 加密乘风

In summary, the downturn of Ethereum is due to multiple factors such as mechanism adjustment, lack of hot spots and market confidence. The future trend remains to be seen, but investors should remain vigilant and rationally analyze market dynamics. #以太坊基金会 #英伟达财报 #美联储何时降息？ #非农就业数据即将公布 #MtGox钱包动态