The Ethereum beacon chain experienced a 7-block deep reorg on May 25, 2022.
Hence, the network begun producing blocks uninterrupted, according to block explorer BeaconScan.
It means that for a brief moment the Beacon Chain had been forked, and blocks of transactions were being processed on yet another parallel version of the Beacon Chain.
To avoid reorgs like this such changes should be treated like hard forks with a clear activation slot number and clear expectation to update clients before that.
It will help if Ethereum community openly discuss all challenges, and invest more energy on finding the best possible solution, instead of spending time defending avoidable issues.
Analysis:
Ether painting 8 consecutive negative red weeks
Support at current levels $1,710.97 & resistance at $1,900, which acted as pivotal support earlier this month - Similar to July 2021.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
If you have any questions, kindly write in comments below - I will answer them.
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