The price of ETH has surpassed $4,000, but I don't feel the FOMO from my friends. Even after the announcement of 401K entering the encryption industry, investors' FOMO sentiment is still not great. Although the price of BTC has stabilized somewhat, purchasing power has not shown significant improvement.


From the data, it can be seen that in the past 24 hours, there has been no increase in trading volume driven by the positive news from 401K. Not only in the exchanges, but also IBIT's trading volume does not show any significant signs of increase, and the overall purchasing power remains at a normal level.
This is also related to what we have been saying, that the current rise in BTC prices is not due to an increase in purchasing power, but rather has a strong correlation with the decrease in sell-offs. However, unlike BTC, after the announcement of the 401K information, there was a noticeable increase in the trading volume of ETH.
ETH stands out on its own, and then thinking about the reliable family's previous layout on Ethereum, everything becomes clear! #Gate & WLFI USD1 积分计划# #特朗普允许401(k)投资加密货币# #Gate跟单训练营晒单赢$2,000#
ETH-0.73%
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