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Price expectation trend after ETH 7 upgrade


Two important events next week will affect the absolute price trend of cryptocurrencies.
The announcement dates are all on the 7th, delayed to the early morning of the 8th Beijing time.
1. The Federal Reserve announced its interest rate decision, and Powell gave a speech.
2, Ethereum mainnet upgrade, including Prague execution layer and Constellation protocol layer upgrade.
First, the interest rate remains unchanged at 4.5% without much dispute, although Trump has been continuously pressuring the Federal Reserve and Powell recently, the effect has been minimal or even counterproductive.
So what if cryptocurrencies don't have a new super narrative?
The BTC price control is difficult to sustain its rise and may face a correction of about two weeks. This rise will be defined as a rebound rather than a bull market reversal. The accumulation of chips around 83000 may be further liquidated.
Secondly, the #ETH mainnet upgrade primarily revolves around wallet optimization, increased staking limits, and network enhancements. Ethereum has been facing a plethora of alternative products, and this upgrade is like having a dessert after a meal to refresh the palate. Vitalik holds a pivotal position in the crypto space, but he is not irreplaceable; perhaps our V God really should hand the future of Ethereum back to the market!
Ethereum may bring a good narrative around the upgrade in the second half of May.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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EarnMoneyAndEatMeatvip
· 05-07 09:41
Hold on tight, we're taking off to da moon 🛫
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Ybaservip
· 05-04 07:19
Thank you for the information and sharing
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Aboodyvip
· 05-04 04:35
do your own research (DYOR) 🤓
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Aboodyvip
· 05-04 04:35
2025, the grand launch 👊
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GateUser-1fafc388vip
· 05-03 19:45
great job
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CoinWayvip
· 05-03 11:55
Hurry up and enter a position! 🚗
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CoinCircleRhinovip
· 05-03 10:48
Steadfast HODL💎
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GateUser-19134c7avip
· 05-03 10:38
Teacher, will Ether hit a new low? Please advise.
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Ryakpandavip
· 05-03 10:27
Steadfast HODL💎
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