$Grayscale Ethereum Mini Trust(ETH)$ 

📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈

I have a bid in to open positions in $ETH Monday 11Nov24 NZ 🇳🇿 time.

🧿📈🚀 ETH’s Rise: Ready to Eclipse BTC? 🚀📈🧿

Kia ora Tiger traders!

It’s a hot week for crypto! While everyone’s glued to $BTC Bitcoin’s 12% surge, Ethereum ($ETH) is quietly but powerfully making its own headlines with a 26% upswing this week! Could $ETH outshine BTC in the short term? Let’s dive deep into the numbers and see why now might be the perfect moment to join the ETH wave. 🌊

📅 Latest Updates & Performance Highlights:

   •   Ethereum’s Current Price: $2.77

   •   Weekly Performance: Up +26%, outpacing Bitcoin’s 12% gain.

   •   Major Milestone: The 200 Day MA at $2,950 is in sight as a critical test level.

🔍 Technical Breakdown:

   •   Short-Term Target: $2,950 (200 Day MA) – If ETH can hold above this, the next level to watch is the 1.618 Fibonacci retracement at $3,290!

   •   Support & Resistance:

      •   📉 Support: Strong support near $2.06 (52-week low).

      •   📈 Resistance Levels: Eyes on $2,950 (200 Day MA) and $3,290 (Fib level).

   •   Moving Averages:

      •   50-Day MA: Key focus for swing traders (value hunters look for the 200 WMA, while investors eye the 200 Day MA).

💰 Capital Flow Insights:

ETH’s liquidity is flowing with strong buy interest, and hedge funds are increasing exposure as it approaches the pivotal $2,950 mark. This could indicate growing institutional confidence in ETH’s long-term potential. 🏦

📊 Analyst Sentiment:

   •   🟢 Buy: 67%

   •   🟡 Hold: 24%

   •   🔴 Sell: 9%

📈 Historical Context:

Flashback to 2020: Ethereum had a similar pattern, with a bounce off its 200 Day MA, leading to a massive bull run. Are we about to see a similar setup?

💡 Fun Fact:

Ethereum’s founder, Vitalik Buterin, was inspired by science fiction when creating ETH! The project’s name is derived from “ether,” a hypothetical invisible medium that permeates the universe. Quite fitting, as Ethereum aims to be the foundational layer for decentralized apps in a new digital universe! 🌌

📢 Analyst Quote: 

“Ethereum’s surge signals a potential breakout. If it conquers the $2,950 mark, it could be the catalyst for an altcoin rally like we haven’t seen in years,” says crypto analyst Alex McLaren. 💥

Hey Tiger Traders, does Ethereum have what it takes to eclipse Bitcoin’s gains in the coming months? 🤔

TigerGPT, what’s your view on the impact of Ethereum’s scaling solutions like Layer 2 on its price potential?

Happy trading ahead. Cheers, BC 🍀🍀🍀

@Tiger_comments @Daily_Discussion @TigerObserver @TigerPicks @TigerStars @TigerGPT @TigerPM

# Can Ether ETF Lead BTC Bull Run Again?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Kiwi Tigress
    ·2024-11-10
    TOP
    $3,000 for the first time since August!!! This was the doom looper you were talking about hey BC, it’s cheap as 🍟 to buy! I’ll try, I’ll buy 🤣 TY BC! 💚
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    • Barcode
      Have a lovely day, see you next weekend! 🌞🌞🌞
      2024-11-10
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    • Barcode
      Happy trading ahead, cheers BC 🍀🍀🍀
      2024-11-10
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    • Barcode
      Cheers for the shares KT, 🍀🍀🍀
      2024-11-10
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  • Shernice軒嬣 2000
    ·2024-11-10
    TOP
    Great recommendation [smile]. The Bitcoin frenzy has spillover to Ethereum. Barcode uncle is going to make a lot of money.
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    • Barcode
      Cheers S! It’s Ethereum’s turn to shine I think. Uncle will be rolling in it for sure 💰💰💰.
      2024-11-10
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    • Barcode
      Happy trading ahead, cheers BC 🍀🍀🍀
      2024-11-10
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  • TigerAI
    ·2024-11-10
    TOP

    根据提供的信息,目前似乎没有针对灰度以太币迷你信托(ETH)或Layer 2等以太币扩展解决方案的具体消息或分析。然而,我们仍然可以就以太币的扩展解决方案对其价格潜力的潜在影响提供一些一般性见解。

    由于其日益普及以及对在其区块链上运行的去中心化应用程序(dApp)的高需求,以太币一直面临着可扩展性挑战。第2层解决方案旨在通过允许在链下处理更多交易来解决这些可扩展性问题,从而减少以太币网络上的拥塞和燃气费。

    Layer 2解决方案的实施,如Optimistic Rollups和ZK-Rollups,可以大大增强以太币的可扩展性,提高其整体性能。这些解决方案旨在提高交易吞吐量和降低成本,使以太币更加高效和用户友好。

    第2层解决方案的成功实施和采用有可能在几个方面对以太币的价格潜力产生积极影响:

    增加交易容量:第2层解决方案可以显著增加以太币每秒可以处理的交易数量,使其对希望构建和部署dApp的企业和开发人员更具吸引力。

    更低的费用:通过降低拥堵费和燃气费,第2层解决方案可以使用户和企业更容易获得以太币。较低的费用可能会吸引更多参与者加入以太币生态系统,并刺激对ETH代币的需求增加。

    增强的用户体验:提高的可扩展性意味着更快的交易确认时间和更流畅的用户体验。这有助于形成正反馈循环,因为更好的用户体验可能会吸引更多用户和开发者到以太币,进一步推动其价格潜力。

    然而,值得注意的是,加密货币市场波动性很大,并受到各种因素的影响,包括市场情绪、监管发展和技术进步。虽然以太币的扩展解决方案有希望,但不能保证价格上涨。投资者应仔细考虑这些因素,并在做出任何投资决定之前进行彻底的研究。

    风险免责声明:以上提供的信息仅供参考,不应被视为财务建议。投资加密货币涉及风险,包括潜在的本金损失。在做出任何投资决定之前,请务必自行研究并咨询专业财务顾问。

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  • koolgal
    ·2024-11-10
    TOP
    That is a winner BC.  Thanks for the tip.  Have a winning week ahead 🌈🌈🌈💰💰💰
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    • koolgalReplying toBarcode
      That will keep you fully busy  😍😍😍
      2024-11-10
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    • koolgalReplying toBarcode
      Thanks BC😍😍😍
      2024-11-10
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    • Barcode
      I hope you’ve had a great weekend and have a winning week ahead also! Cheers BC, 🍀🍀🍀
      2024-11-10
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  • KSR
    ·2024-11-11
    👍
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    • Barcode
      Happy trading ahead, cheers BC 🍀🍀🍀
      2024-11-11
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    • Barcode
      👍🤝
      2024-11-11
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  • PetS
    ·2024-11-10
    Great article, would you like to share it?
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    • Barcode
      Have a lovely day, see you next weekend! 🌞🌞🌞
      2024-11-10
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    • Barcode
      Happy trading ahead, cheers BC 🍀🍀🍀
      2024-11-10
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    • Barcode
      Cheers for the shares PS, 🍀🍀🍀
      2024-11-10
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  • Queengirlypops
    ·2024-11-10

    很棒的文章,你愿意分享吗?

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    • Barcode
      祝你愉快,下周末见!🌞🌞🌞
      2024-11-10
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    • Barcode
      未来交易愉快,为BC🍀🍀🍀干杯
      2024-11-10
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    • Barcode
      为🍀🍀🍀Q股干杯
      2024-11-10
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  • Cool Cat Winston
    ·2024-11-10

    Great article, would you like to share it?

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    • Barcode
      Have a lovely day, see you next weekend! 🌞🌞🌞
      2024-11-10
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    • Barcode
      Happy trading ahead, cheers BC 🍀🍀🍀
      2024-11-10
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    • Barcode
      Cheers for the shares CCW, 🍀🍀🍀
      2024-11-10
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  • Hen Solo
    ·2024-11-10

    Great article, would you like to share it?

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    • Barcode
      Have a lovely day, see you next weekend! 🌞🌞🌞
      2024-11-10
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    • Barcode
      Happy trading ahead, cheers BC 🍀🍀🍀
      2024-11-10
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    • Barcode
      Cheers for the shares HS, 🍀🍀🍀
      2024-11-10
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  • Tui Jude
    ·2024-11-10

    Great article, would you like to share it?

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    • Barcode
      Have a lovely day, see you next weekend! 🌞🌞🌞
      2024-11-10
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    • Barcode
      Happy trading ahead, cheers BC 🍀🍀🍀
      2024-11-10
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    • Barcode
      Cheers for the shares TJ, 🍀🍀🍀
      2024-11-10
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