close
close

Ethereum News: Bearish Signal! Next ETH Crash?

Ethereum News: Bearish Signal! Next ETH Crash?

In the last 24 hours, the broad crypto market has declined slightly. Ethereum is largely moving sideways and is still trading above $2,500. Ethereum has recently been able to push ahead with consolidation against Bitcoin.

But now on-chain data is showing a bearish signal. Is there the next ETH crash?

Indicator shows: Less ETH locked

A significant portion of Ethereum's supply, over 40 percent, is tied to smart contracts. These smart contracts are often used for DeFi protocols, staking, and other decentralized applications. When ETH is locked in smart contracts, it is removed from free trade, reducing available liquidity. This can tend to have a price-stabilizing or even price-boosting effect, as tighter supply leads to price increases when demand increases. However, the recent decline in this trend could be due to a change in investor behavior or the shifting of capital.

The great analyst now suggested that this decrease could indicate short-term adjustments, but that in the long term the importance of smart contracts for Ethereum will remain. If we look at the long-term trend, there are always smaller declines and consolidations, while in the long term it is clearly going up – more and more ETH is being used and removed from the tradable supply.

Of course, the recent drop in Ethereum supply locked in smart contracts does not necessarily mean a new price crash. While this claim does marginally increase the amount of ETH being traded, it may indicate a consolidation of DeFi or staking usage without creating significant selling pressure. Such moves are often part of a natural market adjustment.

In addition, around 40 percent of the total Ethereum supply is still locked in smart contracts, which looks extremely bullish compared to other cryptocurrencies with large market capitalization. This shortage of tradable supply creates potential upward pressure, as there is less ETH available for free trading. It was not supply-side changes that were the problem recently, but a lack of demand. When demand returns, the tight supply should do the rest.

Crypto tip: Pepe Unchained over $14 million – this is what’s behind the hype

Pepe Unchained ($PEPU) has quickly established itself as a promising crypto project and has already raised over 14 million US dollars in pre-sales. But what makes Pepe Unchained so special that it attracts capital on such a scale and over a million US dollars have been invested every week?

A key factor in Pepe Unchained's success is the planned introduction of a Layer 2 blockchain. This technology enables faster and cheaper transactions compared to traditional meme coins, which are often burdened by high transaction fees and slow processes on the Ethereum blockchain. $PEPU's Layer 2 solution offers improved scalability, which makes the platform particularly attractive for users and developers. In contrast to meme coins, which became popular primarily through viral trends, Pepe Unchained relies on technical innovation.

To the Pepe Unchained Presale

Another highlight of the project is the “Pepe Frens With Benefits” initiative, which encourages developers to develop decentralized applications (dApps) on the new blockchain platform. The so-called Pepe Council reviews the submitted projects and awards grants to innovative ideas. This initiative is intended to promote the development of new tokens and dApps.

In addition to the Layer 2 technology asset, Pepe Unchained also plans to launch a decentralized exchange (DEX). This will facilitate the trading of $PEPU and other meme coins with major cryptocurrencies such as Ethereum (ETH) and Tether (USDT). In addition, the project offers transparent transactions through a blockchain explorer and attractive staking options with returns of up to 150 percent APY.

Investors can easily purchase PEPU tokens using ETH, USDT or BNB. Simply visit the website, connect the wallet and exchange the tokens. The next price increase will take place here in about 24 hours.

To the Pepe Unchained Presale

Note: Invest inST speculative. Your capital is at risk when investing. This website is not intended for use in jurisdictions where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law. Your investment may not be eligible for investor protection in your country or state of residence, so please conduct your own due diligence. This website is provided to you free of charge, however we may receive commissions from the company we feature on this website.

Related Post