#以太坊市场动态# Looking at the data of Ethereum over the past month, it inevitably reminds people of the bull run in 2017. At that time, the price of ETH skyrocketed from less than $10 to over $1400, demonstrating the strong market demand. Now history seems to be repeating itself, with strategic entities and ETFs buying ETH at a rate that is 47 times the net issuance of the network within 30 days! This enormous demand gap will undoubtedly provide strong support for the price of ETH.



However, we must also be vigilant about the risks that excessive hype may bring. Looking back at the aftermath of the ICO frenzy, the dramatic drop of over 90% from the peak for ETH still haunts many. Therefore, it is advised to remain rational and focus on the continuous improvement of Ethereum's fundamentals, rather than blindly chasing gains and cutting losses. After all, the true value of blockchain technology must be realized through long-term development and practical application.
ETH-0.84%
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