Ethereum at a Crossroads: Can the Fusaka Upgrade Reverse the Downtrend?

Ethereum faces a critical juncture as price volatility and security concerns test investor confidence. With the digital asset hovering around $3,400 and a series of DeFi exploits rattling the ecosystem, attention turns to the upcoming Fusaka upgrade—the most significant network enhancement since “The Merge.” The question dominating market discussions: will this technological advancement catalyze a recovery or yield to persistent downward pressure?

Blockchain analytics reveal substantial movement among major Ethereum holders between October 30th and November 4th, with whales liquidating billions in long-held ETH positions. However, the subsequent stabilization of exchange inflows suggests the bulk of this selling pressure has been absorbed. Despite short-term turbulence, some analysts maintain optimistic long-term projections. Read more...