Alternative currency liquidity is stuck at a cluster; if it loses, it will be the first to surrender 😁💔 But with God's permission, the launch starts from here 🤝
I'll give you the summary and remember it well. The worst thing that could happen is for the closing to be slightly above $60600, followed by a quick tail down to $54746. This is the worst scenario..' 📊
We'll follow up in the coming days; any updates I'll be present 🤝 $BTC
Founder $ETH finally gave us an explanation for the poor performance of the currency in this cycle.
To understand the Ethereum disaster in this cycle.
Bitcoin rose 80% from the peak of the last cycle. While Ethereum barely rose 5% from the peak of the last cycle.
For a long time, some have suggested that the reason for Ethereum's weakness is that layer two networks took a large part of the momentum and liquidity from Ethereum, without this actually benefiting the network or the currency itself.
This is what Vitalik actually confirmed in his tweet when he said that the Ethereum network itself has become capable of handling fast transactions at a low cost, without the need for layer two networks.
To the extent that he hinted that layer two networks must start thinking about alternative plans.
Of course, it is unfortunate that years of development, and the billions spent on funding layer two networks did not benefit Ethereum.
But acknowledging the problem is the beginning of the solution $ETH