Will Ethereum have a bull market next year
although the price of Ethereum continues to decline, there are still many investment opportunities. Nowadays, many people invest in Ethereum through virtual currency trading in the realm Kingdom, which is not affected by the rise and fall of prices, but also can invest less money in the shortest time to obtain more income.
Ethereum is likely to rise to 10000 in 2021
institutional investors and big capital are increasingly interested in cryptocurrency. The attention of all whales, and the attention of all the public, is focused on bitcoin. Since the global health and safety incident triggered the market crash in March 2020, the growth of eth has reached 1200%
while BTC only increased by 700%. Of course, in the context of bitcoin's record high price of 40000, Ethereum's rise to $1400 does not seem so impressive. In addition, the market value of eth is five times the trading volume of BTC market
extended information:
the increase of Ethereum is as follows:
the transaction volume recorded on Ethereum blockchain exceeds US $1 trillion. These figures exceed the transaction volume of payment giants such as PayPal, which is used by more than 350 million users and whose average transaction volume is generally less than $200 billion per quarter
each transaction will generate network fees paid by eth. Moreover, as the growth rate of the network is still very high, we can confidently expect the "bull market" trend of eth to continue. In any case, interest in cryptocurrency is growing, as are the number of active wallets, the number of transactions on the Internet, and the average size of transactions
According to Nakamoto's plan, bitcoin will be halved for the third time around May next year
before and after the previous halving, the price has changed significantly
at present, the A-share market is not a fast bull or a slow bull, but a structural bull market. The structural bull market is characterized by relatively large fluctuation, up and down, and a new round of adjustment will appear at each rising stage
for example, from January to April in 2019, the Shanghai Composite Index rose from 2440 to 3288 points, and then started a new round of adjustment, adjusted to 2646 points, and started a wave of periodic rise again. These trends are very obvious structural bull
comprehensive analysis shows that there is no doubt that a shares are in a bull market now, and this bull market will last for 1-2 years; But now the A-share market is not a slow bull, but a structural bull, which will graally enter the slow bull market
at present, China's monetary policy is relatively stable. If it turns to loose monetary policy, the stock market will have a bull.