The Ethereum (ETH) price has reached a descending resistance line, a breakout above which could trigger a sharp upward movement. Since the ETH/BTC pair has already broken out from its resistance, the ETH price is expected to outperform Bitcoin (BTC).
Despite the ongoing bear market, ETH staking has remained popular. However, only 20% of all the staked Ethereum is currently profitable. There is a large chunk of staked ETH at $1,300, so the ongoing increase has made it profitable. However,…
Source link
