Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile.
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Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile.
The Ethereum market has grown cautious around the long-awaited Shanghai upgrade, which will unlock 17.4 million ETH into circulation.
The upgrade is only for the Sepolia network and a subsequent upgrade for Goerli network would be introduced in March.
A recent Binance report details the status of Ether staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted.
Ethereum may experience a drop in user activity alongside ETH price, with crypto staking in the crosshairs of the SEC.
Ethereum market dominance has doubled since the lunch of its staking contract in December 2020 as ETH price eyes levels not seen in five years versus Bitcoin .
Bitcoin proponents argued that Ether's monetary policy has changed at least seven times while BTC has seen zero changes.
Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers.
2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry.
Ethereum market analysts desperately search for the bottom but ETH price technicals aren't excluding further downside below $700.