Ethereum's recent market action is interesting. Looking at recent data, the 8500 level is indeed worth paying attention to — many on-chain activities are pointing in this direction. There's significant momentum behind it, as the upgrade of privacy protocols is gradually releasing positive signals; don't underestimate this part.
On the technical side, the path of privacy enhancement has been recognized by the market, and expectations for related upgrades are slowly building. Such long-term protocol optimizations are often severely underestimated until a certain point is reached.
The correlation between $BTC and $ETH is also very tight lately, with the overall trend still bullish. Keep observing, opportunities are right in front of you.📈
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AirdropF5Bro
· 12-14 07:08
8500 this level indeed has some significance, the on-chain data is right there
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The privacy upgrade has been underestimated, it will eventually be reflected
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Bitcoin and Ethereum are moving in sync like this, feels like a breakout is imminent
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Why keep observing? I already hopped on early haha
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Market response to protocol optimizations is always a half-step slow, just waiting for that key node
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I'm optimistic about this move, just afraid I can't hold on
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Wait, will the privacy protocol upgrade really have that much momentum?
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There’s definitely some action around 8500, I’m also waiting on the sidelines
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BTC and ETH are closely linked, Bitcoin’s movement influences theirs, nothing new
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The opportunity is right in front of me, why am I still taking losses?
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DeFiChef
· 12-11 09:58
This threshold of 8500 really needs to be watched closely. Privacy is only useful when the bull market kicks in.
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WhaleInTraining
· 12-11 09:43
8500 does seem interesting, but to be honest, on-chain data can be quite misleading sometimes... I do believe in the privacy protocol upgrade; this thing is always underestimated.
But speaking of which, the close linkage between BTC and ETH actually makes me a bit cautious. It feels like this market is a little too smooth.
Changing the subject, are you guys paying attention to BNB lately? It seems like this token's presence has been a bit weak recently.
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AirdropJunkie
· 12-11 09:32
Damn, I really can't hold it at the 8500 level anymore. The market hasn't even reacted to the privacy protocol upgrade yet.
Wait, is the recent correlation between BTC and ETH real, or are they just fooling me into bottom fishing again?
I've heard the long-term undervaluation argument for privacy protocols too many times. To put it nicely, the node response is basically waiting for the wind to come.
Feels like I'm about to get cut again, but I still need to keep observing.
Is this really an opportunity or am I just being numb?
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gm_or_ngmi
· 12-11 09:32
The 8500 barrier is indeed standing there, and I think the privacy upgrade has been seriously underestimated.
Once the privacy protocol is in place, the others are still far away. Watching closely.
The fact that everything is so tightly linked only indicates that the major players have a clear understanding in mind.
#以太坊行情技术解读 $BNB $ETH $BTC
Ethereum's recent market action is interesting. Looking at recent data, the 8500 level is indeed worth paying attention to — many on-chain activities are pointing in this direction. There's significant momentum behind it, as the upgrade of privacy protocols is gradually releasing positive signals; don't underestimate this part.
On the technical side, the path of privacy enhancement has been recognized by the market, and expectations for related upgrades are slowly building. Such long-term protocol optimizations are often severely underestimated until a certain point is reached.
The correlation between $BTC and $ETH is also very tight lately, with the overall trend still bullish. Keep observing, opportunities are right in front of you.📈