10x Research: Solana's Daily Fees Surpass Ethereum, Unveiling Opportunities for Intelligent Trading
According to 10x Research on X, a series of overly academic articles published by Ethereum founder Vitalik Buterin, coupled with declining income, have led to a correction in the price of Ether. At the same time, macroeconomic challenges are re-emerging. Various blockchains are undergoing key changes, especially in terms of fee generation. If these trends continue, they may reveal interesting trading opportunities for those who carefully analyze this evolving landscape. Bitcoin has retraced back to the level where it initially broke through the downward trend line that has been present since early March. This line has been tested six times and based on technical indicators at the time, expecting a lasting breakthrough is reasonable. Despite encountering significant resistance within the range of $69,000/$70,000 - which capped gains six times and most recently stopped Bitcoin's rise for a seventh time - overall setup remains encouraging.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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