The year 2024 started off eventfully, and we are delighted to be back posting our thoughts about the markets. Today, we are examining the ETH/USD daily chart.
As ETH is situated just below the 2023 yearly high, we took a look at some tailwinds and headwinds for/against ETH in 2024.
Tailwinds we observed include: - The expected release of EIP-4844 in the second half of the year - The impact of potential deflationary nature - The effects of potential ETH ETF
This post does not offer personal investment advice or recommendations. Bitstamp accepts no responsibility for any damage or loss from the utilization of the information presented here.
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