Ethereum’s rise from the ashes over the past two weeks has demonstrated why you should not underestimate bear market rallies. Prior to its explosive surge, covering over 50% in a week, the second largest crypto asset was tracking bitcoin’s moves closely. Now it appears to be the one leading the rest of the market and showcases the market’s shift to a more risk-on stance. Last week saw the second week of inflows to Ethereum crypto funds, investors predominantly being institutional investors, totalling $5 million. This is a major shift compared to the past three months where there were 11 consecutive weeks of outflows.
Se katalis la pou tèt Ethereum a sipoze se nouvèl ki gen rapò ak Ethereum Merge ki gen ladann tranzisyon an soti nan yon prèv-of-travay nan yon mekanis konsansis prèv-of-jeu. Yon delè yo te pale pandan yon apèl pwomotè louvri, detaye Fusion an ta ka espere 19 septanm. Fizyon an pral lakòz Ethereum vin deflasyon akòz emisyon anyèl yo te redwi pa 90%. Sa a de pli zan pli sipòte naratif ke etè se yon magazen k ap grandi nan valè. Envestisè yo te kenbe pwospè sa a, ki mennen ale nan byen yo te diskite sou-evaluasyon kòm ekipman pou nan lavni diminye.
An jeneral, fòs mache a te enpresyonan, sitou lè nou konsidere done 9.1% CPI ki pi wo pase espere yo ki te pouse potansyèlman plis ogmantasyon pousantaj nan Rezèv Federal la. Sepandan, yon bagay ou dwe toujou chonje se feròs nan rasanbleman mache lous ke yo te kreye pa vandè kout vin prese. Sa a mennen nan yo te fòse yo achte tounen pozisyon kout yo pou anpeche plis pèt ki lakòz plis presyon achte - sa ki lakòz yon lòt sik vandè kout achte tounen.
Last week centralised exchanges recorded their lowest trade volumes since December 2020, leading to order book liquidity thinning and volatility being heightened – creating the perfect storm for a short squeeze. On Monday, Ethereum’s move to over $1,600 saw liquidations totalling nearly $500 million within a 24-hour period.
However, Ethereum has increasing competition to be the chain leading the pack, in terms of global crypto adoption. In relation to active addresses, Solana has been dominating the battle for layer one supremacy. In June, Solana registered 32.23 million active addresses compared to Ethereum’s 12.93 million.
Over the past several weeks we have been seeing the question: How will crypto attract 1 billion users over the coming years? This has been answered with crypto-native phones – the first to be announced was Solana’s Saga followed by Polygon and HTC. These devices will be specifically designed to interact with decentralised applications, with the user experience of dealing with self-custody wallets and signing for transactions being substantially improved. Additionally, the current app store high fee infrastructure, which disincentives developers to build apps, will be overhauled with Solana’s Mobile Stack. This could lead to improved decentralised applications with further use cases, better refinement and increased accessibility – causing more people to participate in crypto.
Soti nan yon pèspektiv teknik, Ethereum te pete soti nan seri a nan yon mwa nan $ 1,050 a $ 1,250 epi li ap fè fas a rezistans alantou $ 1,600. Vrè tès la pral antre nan nivo kle $ 1,700 ki te make pi ba ete 2021 yo. Mwayèn k ap deplase 100 jou a tou tise alantou $ 1,900 epi li pral yon lòt tès si gen ase demann pou depase anviwònman makroekonomik ensèten epi kontinye sou trajectoire monte nou an. Si yo rejte soti nan nivo sa a mouvman an ta ka rann yon retest bearish nan sipò yon fwa fò nou an epi nou ta ka retrase pi ba tounen nan yon zòn nan demann.
Nouvèl Tesla likide kèk nan pozisyon bitcoin yo pa ede towo bèf yo. Rapò salè yo detaye yo te vann 75% nan bitcoin yo pandan Q2, totalize $ 936 milyon dola, nan yon pri mwayèn apeprè $ 29,000. Sepandan, Musk te mete aksan sou sa a se pa yon endikasyon de frajilite bitcoin a men pito Tesla amelyore lajan likid sikile li nan limyè Covid are nan Lachin ak lòt faktè ekonomik.
Reaching the fabled $1 Trillion total crypto market cap level is a strong indication of the resilience of the sector. $1 Trillion is also the market cap of silver, and when compared showcases how small crypto is relative to other asset classes. There are many bullish catalysts on the horizon for crypto, the Ethereum Merge, the Bitcoin Halving and crypto native mobile devices potentially accelerating global adoption to 1 billion users and beyond. Will these tailwinds be able to fight the macroeconomic headwinds of the likely incoming increased interest rates and recession?
Semèn ki sot pase a te montre siy pwomèt, men tès reyèl la pral si bitcoin ka reklame epi kenbe mwayèn k ap deplase 200 semèn - kontinye fè pi wo ba. Si ou se alontèm optimiseur sou espas la kloz ranvèse nan tou sa ki devan yo ta dwe apresye. Rejè ak yon retounen nan pi ba pri sa vle di plis tan akimile nan pi ba evaliasyon pwopriete, oswa plis pozitivman, mache a rekipere ak valè portefeuille apresye.