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Good evening,everyone! I am your Da Bin teacher! The upgrade of ETH originally scheduled for April was postponed to May 7th. Last year's upgrade in Cancun saw a strong rise to the price of 3900. So, what kind of surprises can upgrading ETH in Prague in May this year bring us?
The Ethereum Pectra upgrade has solved core problems such as network congestion, high gas fees, and low staking efficiency through technological innovation and functional integration, while providing a solid foundation for Layer 2 expansion and the long-term development of the Web3 ecosystem. Although short-term market reactions may be influenced by multiple factors, its breakthroughs in scalability, security, and user experience will consolidate Ethereum's leading position in the field of smart contracts and pave the way for future higher-level upgrades. It can be seen that the benefits brought by the successful upgrade of ETH are definitely enormous! We will see the details on July 7th.
In the past 12 hours of BTC, the net inflow of major orders reached 125 million, with a total buying amount exceeding 185 million, far exceeding the selling amount. Especially 2 hours ago, the three main buying orders accumulated over 110 million transactions, with prices concentrated in the range of 94800-94850, demonstrating a strong willingness to go long. Based on the current 2-hour cycle K-line red three soldier pattern, the main force has a clear intention to push up. At the same time, BTC stabilizes at the EMA24 and EMA52 moving averages, while RSI breaks through the upward trend line, resonating with the main trend, and the upward target may point towards 96000.
Operation suggestion:
BTC 93900-94000 go long first target view 95000 second target view 95500
ETH 1770, first target to view 1800, second target to view 1830
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
