Recently, ETH's performance has been noticeably stronger than BTC's, and the logic is quite simple—the market is anticipating the upgrade expectations on December 4th.
The rhythm throughout December might be quite interesting. On one hand, there is the technical upgrade of Ethereum, and on the other hand, the expectations of interest rate cuts from the Federal Reserve are still fermenting. With these two themes overlapping, there is a high probability that the rebound trend will continue in the first half of the month.
I will keep my Ethereum long position unchanged for now, and will at least wait until the upgrade on December 4th is implemented before making any plans. In the short term, the risk-reward ratio seems reasonable.
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ZKProofster
· 23h ago
honestly the "price action ahead of upgrades" narrative is so tired at this point... like yeah technically speaking the market's pricing in expectations but that's literally how markets work? idk man, i'll believe the upside when the actual implementation lands and doesn't introduce some unforeseen vector of attack or whatever
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NightAirdropper
· 23h ago
Wait, after the upgrade isn't it time to play people for suckers? I'm afraid it's going to happen again.
Recently, ETH's performance has been noticeably stronger than BTC's, and the logic is quite simple—the market is anticipating the upgrade expectations on December 4th.
The rhythm throughout December might be quite interesting. On one hand, there is the technical upgrade of Ethereum, and on the other hand, the expectations of interest rate cuts from the Federal Reserve are still fermenting. With these two themes overlapping, there is a high probability that the rebound trend will continue in the first half of the month.
I will keep my Ethereum long position unchanged for now, and will at least wait until the upgrade on December 4th is implemented before making any plans. In the short term, the risk-reward ratio seems reasonable.