Ethereum road map continues to appear with a pivotal fork in November, which aims to enhance expansion and simplifying the network efficiency. While considering expansion for a long time as the largest Eth, this fork represents an important step towards opening its full potential as a leading smart contract platform in the world.
Why does this fork for the ethereum road map in the long run
The leading smart contract platform, ETHEREUM, was appointed to another important teacher in November. His sequence High X that the fusaka upgrade is a difficult -to -founded thorny infrastructure designed to enhance the ETHEREUM (EVM) with a smooth compatibility of builders.
This upgrade is designed to strip Blockchain Completion and submitting a smoother authentication and the user flows through the Blockchain ecosystem. The best part is that the sequence is already before the curve by owning the tools and infrastructure that Attend Fosaka effect developers today.
While Fusaka's upgrade aims to strengthen the ECI system, Wendy J has male This Eth has seen a noticeable decline in the price, as the Sentientagi network has put some activity behind this step. According to the artificial intelligence platform, several 100,000 ETH transport have been recorded in the past 24 hours.
Interestingly, this type of large -scale transformation indicates that senior holders are likely to either make profits after increasing or re -placing their capital. Live chat also included other factors that could contribute to On the market level foolish.
Meanwhile, analyst Wendi advised the community to use a wide chat for any encryption questions. With emotional chat, you can generate asset reports instantly fed by Defi data, request trading visions specifically designed for current conditions, or even publish independent factors to deal with them to deal with them On the series The tasks in the actual time to enhance decision -making and improve the return.
Why does this correction seem healthy and not embarrassment
In the daily time frame, the last correction in Ethereum pushed the RSI to a decisive high area, a level that we have not seen since the main accumulation phase in July. Btcbluewhale Mentioned There is nothing crucial in this current correction. Meanwhile, in July, ETH showed the same setting, and the price declined to the sales lands, which re -test the previous resistance The level, this structure was used as a starting point for a huge crowd.
Currently, the daily chart prints a very similar scenario with trading in a similar accumulation and shows clear resistance to support (R/S), a classic sign of the structure that holds price strong. The layers are above it, the setting is almost perfectly with the PO3 strategy.
Distinctive image from Istock, Chart from TradingView.com
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