Ethereum (ETH) is currently navigating a crucial phase in the cryptocurrency sphere as the ETH/USD trading pair lingers around $2,600. Data indicates a rise in short positions, hinting at a possible downturn in sentiment.
Additionally, an upcoming major network upgrade is on the horizon, which is expected to introduce significant changes to the Ethereum network's functionality. These factors combined suggest a period of volatility for Ethereum, as investors and traders closely monitor the developments and their subsequent impact on the market.
Source: en.bitcoinhaber.net ↗