The amount is 3.3 billion dollars. USA, or 1.2 million in ETH, was taken from the chain of lighthouses, which influenced the stability of the network and has certain consequences for Ethereum. Removing the status ETH from the network directly increases the available offer on the network.
Reducing the security of the network and the general lack of confidence in the Ethereum ecosystem may arise as a result of a fall in participation. In addition, significant conclusions can be a sign of growing doubt in the future direction of Ethereum prices. The bet was the most important component of Ethereum to proof of the stake, and if this trend remains, this may dissuade new investors from this. The price of Ethereum is steadily declining, and currently it is traded at the level of $ 2674.
The resistance was found close to the mark of $ 2800 in recent attempts to restore the impulse. In addition, technical indicators convey a cautious look. The descending trend of 50-day and 200-day sliding means supports pessimistic prospects. In addition, the volume of bidding increased during the sales period, which indicates that investors are more afraid. Zones in the amount of $ 2500 or even $ 2,200 can be checked by an additional movement of the descending if Ethereum cannot hold higher than the support level of $ 2600.
This descending trend can be aggravated by a steady fall in participation. For the Ethereum recovery scenario, important resistance levels close to 3,000 US dollars should restore to move in the bull direction. Ethereum may experience a new pressure for the purchase if the level of confidence of investors and raising bets.
Ethereum sees how the descending pressure on the price of ETH is increased from the growing leaving the lighthouse chain. The long -term prospects of Ethereum are largely relying on the bet and the overall activity of long -term investors, who, of course, are not ready to hold ETH longer.
