ETH5xShort/Tether

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ETHUSDT Idea: ETH Eyes Upside Run
Network data reflects consistent transaction activity, while liquidity concentration hints at sustained participation from long-term holders. The recent stabilization in funding rates and improved open interest add weight to the recovery outlook.

ETHUSDT no, it won’t get to $10k, it would be a miracle if it surpasses $5k any time soon


ETHUSDT go parabolic as compute costs continue to drop so network fees are driven lower.


ETHUSDT Prepare yourself for a nasty correction possibility of up to 50% to $1900

The 2 day 50.SMA just offered resistance as it did in January. A 53% correction followed on that confirmation.

Similar in May 2024

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Snapshot

ETHUSDT we may have a slight pullback for entries, Price broke out of the falling wedge. Still bullish
Snapshot


ETHUSDT Ethereum core developer Péter Szilágyi revealed a letter he sent to the Ethereum Foundation leadership last year, criticizing Vitalik Buterin’s excessive influence and claiming that most projects are controlled by a small circle of 5–10 people and 1–3 venture capital firms behind them, forming a Vitalik-centric interest group where the success of new projects depends largely on their relationship with this circle.

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ETHUSDT Vitalik Buterin praised Polygon and co-founder Sandeep Nailwal for their key contributions to the Ethereum ecosystem. He highlighted Polygon’s early investment in ZK-EVM development, Jordi Baylina’s team efforts, and the creation of infrastructure like AggLayer. Vitalik also commended Sandeep for his work on CryptoRelief and for returning $190M in SHIB donations, which helped fund the Balvi open-source anti-pandemic project. He added that he hopes Polygon will adopt mature ZK technology to bring full security guarantees to its PoS chain.

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