The ICO period of the Ethereum chain can be traced back to 2014. At that time, 1 BTC could be exchanged for 2000 ETH. It was also the era of the largest scale of hot money financing.
So, is the future of Ethereum really not promising? Technically, it's undeniable that Vitalik has made tremendous changes to the blockchain industry. Most emerging public chains also use Ethereum technology as a foundation for modification and expansion. It can be said that it has truly achieved stability. The short-term price trend is relatively weak, and the overall bull market has not seen significant gains from the leader, but that doesn’t mean it has no future.
Weak sideways movement during the day; in the short term, we still need to see a breakthrough at 2300 before any significant rebound.
Several positions that need attention
Support position
First position 2150
Second position 2086
Third position 1979
Resistance position
First position 2280
Second position 2376
Third position 2470
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