Uniswap v3初步部署至Optimistic Ethereum主網
金色財經報導，去中心化交易所Uniswap周二表示，Uniswap v3已在 以太坊 二層擴容方案Optimistic Ethereum (OΞ) 主網上Alpha發布。在這個Alpha階段，OΞ將支持每秒0.6筆交易的初始吞吐量。由於Uniswap v3目前是部署到OΞ的少數協議之一，這應轉化為與第一層大致一致的交易容量。與第一層不同，OΞ上的交易會立即確認。
Latest Ethereum price and analysis (ETH to USD)
Ethereum remains trapped in a tight range during a period of extremely low volatility. Short term support continues to prop price just below the $2,000 mark, while $2,050 has become a bitter point of resistance on the lower time frames.
Higher time frames paint a more dreary macro picture for Ethereum, with the weekly 21 exponential moving average becoming a stubborn point of resitance to the upside at $2,175.
It’s worth noting that anticipation around Ethereum’s upcoming London fork is gathering momentum. An event like this will typically see the price of the underlying asset rally into the event, before selling off rapidly afterwards.
This could prompt Ethereum to break its bearish structure and mount a charge to the upside, with extended targets up at $2,400 and $2,630.
ETHUSD chart by TradingView
However, it’s almost impossible to ignore the glaring similarities of this year’s price action with the bubble pop and subsequent bear market in 2018, particularly as Ethereum is now trading 54% lower than just two months ago when it achieved an all-time high of $4,400.
In 2018, Ethereum succumbed to intense sell pressure with an eventual draw down of more than 94%. A plunge of that magnitude this time around will take Ethereum to around the $250 mark, which incidentally was a firm level of resistance throughout 2019 and 2020.
In order for Ethereum, as well as the wider cryptocurrency market, to regain a bullish posture, it needs Bitcoin to prove its naysayers wrong with a convincing rally above the $50,000 level on convincing volume, which will likely only happen if a major South American country adopts Bitcoin as legal tender.
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About Ethereum
ETH was launched by Vitalik Buterin on July 30 2015. He was a researcher and programmer working on Bitcoin Magazine and he initially wrote a whitepaper in 2013 describing Ethereum.
Buterin had proposed that Bitcoin needed a scripting language. He decided to develop a new platform with a more general scripting language when he couldn’t get buy in to his proposal.
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What Happened To Ethereum Price In 2021?
Ethereum price isn’t even trading at half the all-time highs it once was, and it has investors, traders, and analysts alike talking about a bear market in crypto. However, with such a severe selloff, it could be enough to stave off a longer bear phase, and a rebound from current levels could send Ethereum to new highs from here.
Only time will tell how it all turns out, but for now, we’re looking back at what happened to Ethereum price in 2021, and also looking ahead at what Ethereum trading strategies to rely on in case the market does turn fully bearish instead.
The First Half Of 2021 Reviewed
Ethereum started off the year in 2021 at under $1,000 and at the peak traded for more than $4,000 per ETH. Things turned that bullish, that fast for the top altcoin by market cap. Bitcoin was also bullish and dragging up the entire crypto market, but what really sent Ethereum into overdrive was the sudden explosion in NFTs, DeFi, and other technologies tied to smart contracts
Ethereum was introduced to do a lot more than Bitcoin can do, and that shows today with how much is built on the foundational blockchain layer. That scale in the amount of tokens and projects running on Ethereum also slowed down the network and sent gas fees soaring, but it also made ETH the hottest currency around that everyone needed to spend to transact in crypto.
If a user wanted to mint an NFT, they had to spend ETH in gas fees. Most DeFi applications also heavily require ETH, and most popular stablecoins also run on Ethereum. There was a rush to create cross-chain solutions, but there is no beating Ethereum’s reach.
Hype around ETH 2.0 and staking also drove up prices. ETH residing on exchanges reached a critical low. At the high, Ethereum traded around $4,400. But in a flash the crypto market crashed, and Ethereum collapsed by 50%.
At the current low, the second ranked cryptocurrency dropped to as low as $1700 or around the 61.8% Fibonacci retracement level – an ideal zone to watch for a possible reversal.
What the Second Half Has In Store For Ethereum
The more than 60% crash very closely resembles the drawdown and final shakeout before the last time Ethereum ran to a new all-time high back in late 2017 into 2018. Ethereum more than tripled in value from the previous peak. A similar run higher post sell off would put each Ethereum at over $10,000 per token.
At some point, however, no matter how bullish crypto is long term, because the assets are speculative, price discovery is volatile and another bear market will ultimately result. If and when that happens, the worst thing anyone can do is HODL.
Investing is a mistake, and even buying the dip or going long can lead to a string of losses. When the bear market troughs come back, the right strategy is short trading Ethereum through CFDs. CFDs mean you don’t have to hold the underlying asset and can still short it, making profits from a crash instead of losing capital. CFDs are offered at margin trading platforms such as PrimeXBT, for example, which lets users long and short crypto, forex, commodities, and stock indices all under one roof.
Knowing exactly when things turn bearish is much more difficult to tell. Watching for a high timeframe bearish crossover of the MACD is one way to tell as technicals recently revealed. On higher time frames, such as the two week or monthly, losing the middle-Bollinger Band – a simple moving average – can also be a signal to go short and a bear market is here.
Ethereum still hasn’t lost the key level, and a future upgrade that improves scarcity could turn things back bullish sooner than later. Ethereum still hasn’t revisited the former all-time highs against Bitcoin on the ETH/BTC trading pair, which could suggest future outperformance over Bitcoin.
Ethereum has actually outperformed Bitcoin in terms of raw ROI since its inception, however, because Bitcoin has been around a lot longer it has more ROI overall to show for it. If Ethereum can keep pace, it could someday even surpass Bitcoin’s market cap. The rest of 2021 and what happens from current levels will determine if that bullish outcome is possible, or if a bear market for altcoins is ahead.