Ethereum "death cross" warning: exchange reserves surge, market trends are confusing!

Ethereum exchange reserves continue to rise, indicating that sellers are becoming more powerful and the market is under significant pressure. CryptoQuant data reveals that ETH reserves have increased significantly since early August, which may indicate the risk of a price correction. In addition, the "death cross" technical form appears, and the 100-day moving average falls below the 200-day moving average. Historical experience points to a long-term decline, and the bear market is shrouded in haze.

The performance of the Ethereum ETF has also fallen short of expectations. Since its launch in the summer, net outflows have reached US$524 million, reflecting the cooling of market enthusiasm and the phenomenon of "death in the light". GSR researcher Brian Rudick pointed out that Ethereum's rollup roadmap and network fee issues have caused market concerns, and its positioning is awkward. It is neither the best value store such as Bitcoin, nor a high-performance blockchain such as Solana. Spot contract Junyang👉@点这里 加密乘风

Outlook: Despite the short-term challenges, Ethereum’s long-term potential cannot be ignored. Technological progress and deepening market understanding will stimulate a new round of growth momentum. Investors should focus on technological innovation and application expansion to seize future market opportunities.

Conclusion: The next move of the Ethereum market is a mystery. What is your opinion? #加密市场急跌 #非农就业数据即将公布 #以太坊基金会 #ETH投资 #美联储何时降息？