Ethereum, is it going to take a break?

The bitcoin price is continuing a strong rally, reaching the 32 million won mark in the early morning of the 31st. Following the Terra-Luna crisis, concerns are growing, such as strong inflation and the release of 75% of Tesla’s bitcoin volume to the market.

In the midst of this, Ethereum is showing a price of 2.26 million won and is trying to catch a breath.

Ethereum has recently skyrocketed. With the announcement on September 19th that the consensus algorithm will be switched from proof-of-work (PoW) to proof-of-stake (PoS), the merging of Ethereum testnets Goerli and Prater proceeds smoothly and explores various possibilities because you are doing

source = jigsaw

However, it is said that the recent sharp rise in the market price has been excessive, and it is evaluated that the market is showing a minimal wait-and-see attitude. Furthermore, in the case of Ethereum Classic, the market price starts to fall, and there is a saying that an investment strategy from a long-term perspective should be established in a broad framework.

Above all, since the strong inflation effect is currently in progress, there is advice that a conservative roadmap is needed for the Ethereum investment strategy for the time being.

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