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Is Ethereum actually getting serious? ⚡️
Vitalik just unveiled his three-year plan for “Simplified Ethereum,” with a goal to cut fees by 10x. Over here, the Foundation’s protocol-support team has been disbanded right on the spot. On the surface, it looks like “the team is gone,” but in reality, the EF is proactively reducing involvement and decentralizing power. Cutting people down while rolling out upgrades—what big move is Ethereum brewing?
The data is even more exciting. $ETH rose from the $1,712 zone all the way to $1,773—up 15% in five days. RSI climbed to 86, clearly firmly overbought; MACD is tangled around the zero line. The upper Bollinger Band around $1,773 has been repeatedly rubbed—this level is crucial. Historically, breaking through means acceleration; failing to hold means a pullback.
Institutions are taking action too. Spot ETFs have seen net inflows for five straight days, and BitMine has gone on a month-long rampage, scooping up 325,000 ETH. Big capital is accumulating—this signal is more worth watching than the candlestick chart.
My view: $1,770-$1,780 is the short-term watershed. If it holds, the next target is $1,820-$1,850. But with RSI high and MACD flattening, be cautious about chasing the rally. If you want to get in, wait for a pullback and confirmation; if you already hold a position, keep a close eye on whether the upper Bollinger Band breaks out.
This wave’s Ethereum fundamentals narrative is changing—don’t keep looking at it with old eyes. 👀
Let’s chat in the comments: Do you think this wave of ETH can surge to $2,000?
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