ETH trade ideas
ETH 2 phases and why we need it?Hi friends
today i want to explain ETH 2.0 phases in short.
like you see in picture above it explain our need to ETH 2.0 so
i will summarize phases below:
Phase 0 : Beacon Chain
Phase 0 is the name given to the launch of the Beacon Chain.
The Beacon Chain will manage the Proof of Stake protocol for itself and all of the shard chains.
Once Phase 0 is complete, there will be two active Ethereum chains.
For the sake of clarity let’s call them the Eth1 chain (current, PoW main chain) and the Eth2 chain (new Beacon Chain)
During this phase, users will be able to send their ETH from the Eth1 chain to the Eth2 chain and become validators.
(They will NOT be able to migrate this ETH back to Eth1)
Phase 1 : Shard Chains
Shard chains are the key to future scalability as they allow parallel transaction throughput
and there will be 64 of them deployed in Phase 1 (with the possibility of adding more over time as hardware scales).
Shard validators, who are randomly selected by the Beacon Chain for each shard at each slot,
merely come to agreement on each block’s content.
Phase 2 : State Execution
Phase 2 is where the functionality of the entire system will start to come together.
Shard chains transition from simple data containers to a structured chain state and Smart Contracts will be reintroduced.
Phase 2 also introduces the concept of 'Execution Environments (EEs).
Every shard has access to all execution environments and has the ability
to make transactions within them as well as run and interact with smart contracts
hope this article is useful for you.
thank you all for your supports.
Never have we seen altcoins vastly outperform ETH.This is a trend we've never seen before in the altcoin market. Most of the Altcoin market is outperforming both BTC and ETHEREUM whilst the market is a down-trend the only major difference between 2022 and 2018 is the stable coin market cap. I couldn't give you a reason as to why this is happening, perhaps the ETHEREUM bubble and BTC bubble is larger than a lot of major altcoins.
2 Signs Ethereum's Bearish Tendency Will RevertFor a pretty long time, Ethereum has been in a bearish tendency, but, because of these signs, it will probably revert. The first one is that it is diverging. The RSI is going up despite Ethereum dropping, meaning there is a chance it will revert at any time. The second one is that it's testing the 50 EMA line. Moving Averages with high numbers (50,200, etc) normally show a market's tendency, but, because Ethereum is testing one of those numbers, it potentially means a warning that it will reverse.
CRYPTOCAP:ETH
ETH dominance rising as expectedThe ETH dominance will continue to rise to give ETHEREUM a bull trap. I don't see any mathematical way for ETHEREUM to retrace at the .618. I would be looking at a retracement coming at the .702 or possibly even the .786 before we see bullish price action for the altcoins.
I'm not sure how long this will take ETH has been pumping into this retracement since late January.
ETH Could Be Next!This week is a pivotal moment for cryptocurrency. Ripple Labs is being sued by the U.S. Securities and Exchange Commission (SEC), which has accused it of selling unregistered securities. Ripple is the organization that develops XRP (CRYPTO:XRP), one of the world’s most popular cryptocurrencies. The SEC is accusing Ripple of having conducted a $1.3 billion securities offering by selling XRP to the public. The lawsuit is seeking that Ripple return all the money it raised, plus interest. If the SEC wins, it will establish a landmark precedent, and the implications reach far beyond Ripple itself. In this article, I will explore how the Ripple lawsuit could have wide-ranging implications for other crypto projects — notably Ethereum (CRYPTO:ETH).
ETH market cap forming a bullish pattern? Hello traders,
Man, there is just bearish news after bearish news it seems lately, I mean, WW3 amirite? Well, the geopolitical mess aside, I firmly believe that this run is not only not over but, far from it.
This ascending triangle that is possibly forming on Ethereum market cap coincides with this theory. If we get more buyers coming into the market pushing the market cap to breakout of the top resistance line in betting we will have a nice big old pump in our future.
Let me know your thoughts in the comments!
Savvy
ETHUSD Short off the highsFor more detailed daily analysis from a professional perspective, please go ahead and click the follow button!
Here we have our ETHUSD Chart.
Similarly to BTCUSD we have had a great rally up to new highs.
Of course with demand surging, supply has to outweigh it sooner or later.
We are looking to sell at this high price and exit at the pre-determined levels, noted by the eclipse symbol and directional arrows.