The decline of Ethereum is not yet complete.

Von ChainKnights
Many are already disappointed by the recent sharp drop in cryptocurrencies. The decline is not yet over! Even before all the drops, I showed orders on Coinbase around $1,800.

The targets for Ethereum are $1,800-$2,150, from where it makes sense to look for entry points to buy Ethereum, Optimism, Arbitrum, Starknet, zkSync, and other altcoins. I think the sideways accumulation might last about a month.

Snapshot

Thoughts on the film:

🎬 Ethereum — On July 23, the trailer for the documentary "Vitalik: An Ethereum Story" about Vitalik Buterin will be released.

The film has been in the works for over 3 years. The theatrical release is scheduled for fall 2024, and the biography will appear on streaming platforms in winter.

➖ It's fascinating how everything is unfolding: the final decision on the Ethereum ETF for BlackRock is on August 7, the documentary about Vitalik Buterin is coming out 🤠🤠🤠, and all major projects are postponing their listings to October 2024.

➖ It seems that the big exchanges and market makers have given the signal that it's too early to list; first, they need to pump the market up.

➖ Expect further cryptocurrency declines in July, and start looking for entry points into Ethereum at prices between $1,800-$2,150. During the same period, look for entry points into Ethereum's L2 solutions, namely Arbitrum, Optimism, Starknet, and zkSync.

#ethereum #arbitrum #optimism #starknet #zksync
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