The Ethereum roadmap continues to take place with a pivot for November, aimed at stimulating scalability and rationalizing efficiency through the network. With the long-term scalability considered to be the biggest obstacle in ETH, this fork represents a critical step towards unlocking its full potential as the main intelligent contract platform in the world.
Why is this fork important for the long -term roadmap in Ethereum
The main intelligent contract platform, Ethereum, is planned for another important step in November. The sequence has highlighted On X that Fusaka upgrade is a fundamental infrastructure of Fork Hard Fork designed to strengthen the Ethereum virtual machine (EVM) while ensuring transparent compatibility for manufacturers.
This upgrade is designed to summarize the blockchain Complexity and offer more fluid authentication and the user crosses the blockchain ecosystem. The best part is that the sequence is already ahead of the curve by having the tools and the infrastructure which prepare Developers of the impact of Fusaka today.
While the upgrade of Fusaka aims to strengthen the ETH ecosystem, Wendy J note This ETH has experienced a significant price drop, because the Grille Senientagi cat reported a certain activity behind this decision. According to the AI platform, several transfers of 100,000 ETH have been recorded in the last 24 hours.
Interestingly, this type of large -scale transfer suggests that the main holders are probably either profits after the perspective or repositioning of their capital. The sensitive cat also listed other factors which could have contributed to the market level dump.
Waiting for, analyst Wendy advised the community to use sensitive cat for all questions related to crypto. With Sentient Cat, you can instantly generate asset reports supplied by DEFI data, request information on trading suitable for current conditions, or even deploy autonomous agents to manage chain Real -time tasks to improve decision -making and return optimization.
Why this correction seems healthy, not critical
On the daily delay, the recent correction in Ethereum pushed the relative force index (RSI) in a critical occurrence zone, a level which we have not witnessed since the major accumulation phase in July. Btcbluewhale mentioned that there is nothing critical in this current correction. Meanwhile, in July, ETH showed the same configuration, and the price plunged into the territory of occurrence, which retests the previous one resistance level, and used this structure as a springboard for a massive rally.
Currently, the daily graphic prints a very similar scenario with trading in a comparable accumulation zone and showing a clear support resistance flip (R / S), which is a classic sign of structure holding the price strong. By superimposing in addition, the configuration aligns almost perfectly with the PO3 strategy.
Istock star image, tradingView.com graphic
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