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
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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