$AKE ‌ 🚨Eight years, an eight-figure investment, discarded just like that😰🚨 The Ethereum Foundation just made a ruthless move—abandoning the Poseidon hash algorithm it had researched for a full 8 years and embracing “old-timers” like SHA and BLAKE instead. Justin Drake said it himself: the key is not a “SNARK-friendly hash,” but a “hash-friendly SNARK.” After breakthroughs in binary-field technology, traditional hashes can also achieve 1 million verifications per second in SNARKs, while BLAKE3 can reach 1.8 million per second. Eight years of effort and $10 million in investment, abandoned just like that—few in the crypto industry have the courage to do this. The roadmap is also clear: a production-grade leanVM in 2027, with deployment to the consensus layer, execution layer, and data layer in 2028. $ETH The current price is around 1885, with a 24-hour high of 1899 and low of 1862. The Bollinger middle band around 1884 forms short-term support, with the upper band at 1894 and lower band at 1875. RSI(6) is around 48, completely neutral, with neither bulls nor bears showing strength. MACD is clinging around the zero line, and the window for a market shift is getting closer. How to trade in the short term? The price is moving sideways in a narrow range between 1880 and 1895, while the continued narrowing of the Bollinger Bands signals that volatility is about to expand. Aggressive traders can try small long positions around 1880 and reduce positions near 1895, but be sure to set defensive measures—the recent low support is at 1862, while 1900 is the psychological resistance level. What about the medium to long term? The essence of this move is that Ethereum is laying the groundwork for the next decade—its security architecture for the post-quantum era. Although the 2027–2028 deployment is still an initial plan, the direction has already been set. Long-term holders do not need to be distracted by short-term volatility; a technical decision of this magnitude reflects Ethereum’s long-term competitiveness. Short-term traders should wait until the Bollinger Bands clearly indicate a direction before acting. Chasing rallies or selling into declines at this level could easily result in getting hit from both sides. You can position in Musk Little Puppy $puppies it has already started ahead of time! Eight years of research discarded just like that, with no attachment to sunk costs and recognition only of the better path—this way of doing things is worth watching over the long term. 💬Discuss in the comments: Do you favor the SHA/BLAKE route, or do you think abandoning Poseidon is too regrettable? #闪迪发布新财务框架大涨14%

August 14 Afternoon Bitcoin and Ethereum Market Analysis Bitcoin continued to rebound and recover overnight, reaching a high of 63,613 before failing to extend the rebound, while ETH also rebounded and pulled back after meeting resistance at 1,892. We had already warned at the time that there was no need to follow up with shorts as long as Bitcoin did not break below 63,000, and to watch the rebound resistance around 63,500 and ETH around 1,890. This basically matched our overnight expectations. Even the best opportunity can become a burden if it exceeds your ability to bear it. Act within your means to move forward steadily and sustainably. On the 4-hour chart, Bitcoin's rebound and recovery has remained suppressed by the middle band and failed to break through, so it is still in a downtrend. Although it quickly rebounded after touching 62,800 and formed a bullish candle with a long lower shadow, short-side momentum has not been fully released, and the current rebound remains limited. If the short-term market continues to weaken, it will most likely first consolidate within the 63,000–63,500 range, then stage a modest bullish-candle rebound to test the resistance above. Before it effectively breaks through the 63,800–64,000 range, this will have little impact on the short-side structure, at which point one can continue to follow the trend and enter shorts, targeting the previous low. ETH's overall price remains relatively high, with initial resistance above at 1,910. $BTC #GateLaunchpool瓜分141万枚DOS $ETH

$ETH Strategy may be excluded from MSCI indices… MSCI proposes excluding from its stock indices companies that effectively operate as investment funds—primarily accumulating assets and depending on continuous capital inflows. In MSCI’s official simulation, Strategy was among three candidates for exclusion, along with Metaplanet (Japan’s Strategy) and Yellow Cake.