Luana Aquino
@luana32
Ethereum's performance this year has been moderate but historical trends suggest potential growth. The Ethereum Foundation, led by Vitalik Buterin, is proposing structural changes to boost the network's development. Market data shows strong confidence in Ethereum with $1 billion worth of ETH accumulated by whales recently. Traders are showing interest in long positions, with expectations of an upside breakout. Ethereum is currently trading at $3,301, with potential volatility indicated by key indicators. Support and resistance levels are critical at $3,200 and $3,500 respectively. Changes within the Ethereum Foundation aim to enhance technical expertise and communication.
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