“Ethereum Layer 2 network Taiko completes Proposal 39 upgrade, adding Permit support to its bridge and raising the gas limit”
Here are clear answers to the four questions asked most often in the comments—
Q1: Is this bullish or bearish?
A: Neutral. No need to read too much into it.
Q2: Will it show up in the price right away?
A: Not necessarily. There’s often a time lag between news and price action. First, watch to see whether the intraday highs and lows are tested repeatedly.
Q3: What should I watch next?
A: How the market moved the last time something similar happened.
Q4: Should I change my position because of this news?
A: I don’t change my plan based on a single news item. I wait until the market shows a signal. $ETH is currently at 2549.23, down 1.09% over 24 hours—worth keeping an eye on.
DYOR and trade rationally.
Here are clear answers to the four questions asked most often in the comments—
Q1: Is this bullish or bearish?
A: Neutral. No need to read too much into it.
Q2: Will it show up in the price right away?
A: Not necessarily. There’s often a time lag between news and price action. First, watch to see whether the intraday highs and lows are tested repeatedly.
Q3: What should I watch next?
A: How the market moved the last time something similar happened.
Q4: Should I change my position because of this news?
A: I don’t change my plan based on a single news item. I wait until the market shows a signal. $ETH is currently at 2549.23, down 1.09% over 24 hours—worth keeping an eye on.
DYOR and trade rationally.