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#May Market Outlook #ETHUSD
Ethereum dropped to $1736, after which it rose to $1873, but the falling star prevents it from going higher. The balance of power has shifted downwards, making it difficult to advance above $1880, let alone rise to $2000. Nevertheless, the emergence of bullish patterns and a resumption of the ascent is allowed.
Bloomberg Analyst: For the success of Ethereum-ETF, stable price growth is needed, not staking.
The Fusaka hard fork in Ethereum is scheduled for the fall.
Ethereum researcher Dankrat Feist published EIP-9698, which proposes to increase the network's gas limit by 100 times.
Buterin is working on expanding the use and sustainability of Ethereum.