🚀 Ethereum Fusaka upgrade: The true starting point of the Layer 2 era? 📌 Today's News Ethereum core developers have confirmed that the Fusaka upgrade will officially launch on the mainnet on December 3. The focus of this upgrade is to introduce the brand new PeerDAS (Data Availability Sampling) mechanism, which allows nodes to only verify a portion of data fragments instead of the entire block of data. This means: Transaction confirmation speed is faster. Lower burden on nodes The operational costs of Layer2 networks have significantly decreased. This change is seen as a key step for Ethereum to enter the "modular + Layer2 ecological era" following the Dencun upgrade. 📊 Market Analysis From a technical perspective, ETH has formed strong support at the 4000 level, and is currently in a range-bound consolidation. The market is still waiting for a catalytic signal of "upgrade expectations." If the upgrade expectations continue to heat up, the price is expected to break through the resistance level of $4200. If the funds are cashed out and leave the market, a short-term "buy the rumor, sell the news" type of pullback may occur. The current liquidity is relatively stable, and the leverage ratio has significantly decreased after a recent sharp drop, making the structure more favorable for a medium-term upward trend. 🌐 Macroscopic Perspective From a macro perspective: The Federal Reserve has entered a rate-cutting cycle, and global liquidity is warming up. The TGA balance of the US Treasury is high, and once spending resumes, the market will see a release of liquidity. At the same time, the institutionalization of crypto assets is accelerating, and the demand for institutional allocation is forming a new "structural bull". Against this backdrop, the Ethereum upgrade is not only a technical event but also a resonant signal of cyclical liquidity and institutional demand. 🧭 Expert-level advice The "Fusaka upgrade is a milestone for Ethereum's transition from the 'execution layer' to the 'settlement layer + data layer.' For short-term traders, the market may still be volatile; For medium to long-term investors, this is the starting point for repricing the ETH ecosystem. Suggested Strategy: Short-term: Control position, focus on fluctuations in the 3980~4200 range, waiting for a breakout signal; Medium-term: Buy on dips and gradually allocate, both Ethereum and core Layer 2s (such as Arbitrum, Base, Blast, etc.) are worth medium-term attention. Long-term: Upgrading means "capacity expansion" for the Ethereum ecosystem, and its long-term valuation logic is more solid. "The core of this upgrade is to make Layer 2 faster and more cost-effective. In the future, receiving airdrops and using DeFi will be smoother. ETH itself may not immediately surge, but ecological expansion is the key." 🪙 Today's Summary The Ethereum Fusaka upgrade is not just a technological evolution, but a reshaping of the ecosystem. It paves the way for the future Layer 2 era and lays the foundation for the long-term value of ETH. Short-term may be volatile, but the long-term logic is stronger—true bull markets often emerge at the moment of evolution in the underlying technology. ⚠️ Disclaimer This content is for market analysis and learning exchange only and does not constitute any investment advice. The digital asset market is highly volatile, please carefully assess your own risk tolerance, make independent decisions, and bear the consequences yourself.

XRP long-term bullish clearly established! Gradually accumulate long positions around 2.40, with the first target at 2.65. If it breaks through, follow the trend and look towards 3.0.

ETH rebounds to around 3860-3900, looking down at around 3760-3660. #参与创作者认证计划月领$10,000