The Protocol: Ethereum Proposal That Could Make the Network Faster

The 90 minute cycle K-line shows that ETH formed a top split and evening star combination after hitting the high of $4325, and member indicators clearly indicate the risk of reversal. At the same time, KDJ's death fork has entered the overbought zone, further verifying the downward pressure. The distribution of chips shows that the current price is approaching the key support of $4238, and if it falls below or quickly drops to the strong support area of $3654. Short term EMA24 and EMA52 still maintain a bullish position, but RSI overbought suggests a pullback demand. Pay attention to the gains and losses of $4238 support, if it falls below, it may accelerate the downward trend. Open a membership, get ahead of the top and bottom signals, and accurately capture trend turning points! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.

This week, the total amount of financing in the cryptocurrency field reached 1.46 billion US dollars, covering 18 projects, with a focus on blockchain, artificial intelligence, and payment infrastructure. Verb Technology leads with $558 million, Satsuma Technology receives $217.6 million investment, and Ripple acquires Rail for $200 million to further expand payment channels.

OKX - LDO is currently priced at $1.35, with a 19.47% increase over 24 hours. 24-hour transaction volume of 800 million US dollars, up 4.44%, for reference only

Caitlin Long, founder of Custodia Bank, stated that Trump's de banking executive order prohibits banks from refusing to provide services to legitimate businesses, including cryptocurrency companies, for political reasons. She believes that the effectiveness of the order depends on whether the bank will restore services to cryptocurrency companies.

Morgan Stanley stock strategist Michael Wilson: Weak employment data, coupled with concerns about tariff related inflation, may become a trigger for a pullback in the US stock market, especially in the seasonally weak third quarter. We will buy during a pullback. (Zhitong Finance)