🗒 Gate.io Suggested Topics Posting Event: #Ethereum Pectra Upgrade#
✍️ Please include the topic #Ethereum Pectra Upgrade# in your post
💰 5 quality posters * each receive $10 Points
The Ethereum Pectra upgrade goes live on May 7, bringing improved account features, better validator experience, and L2 support. Will it boost ETH’s price? Share your thoughts, predictions, and trading strategy with #Ethereum Pectra Upgrade# for a chance to win $50!
⏰ Event Time: May 6, 4:00 AM - May 7, 4:00 AM (UTC)
⚠️ Notes: Plagiarism is prohibited; original content is encouraged.
Ethereum is finally set to upgrade on May 7th, but this upgrade is arguably the quietest one yet, as the market lacks enthusiasm. I estimate that the price won't rise much on the day of the upgrade, so it might be wise to take some profits by selling at higher prices now and maintain a wait-and-see approach. This is because right after the upgrade, there will be the Federal Open Market Committee (FOMC) Meeting, which has a greater impact on the Capital Market. If Powell hints at rate cuts starting in June this week, then we can buy back some of our Position. There is plenty of time until June, but the probability of this event is only 31%. If Powell adopts a hawkish stance and does not cut rates, it could lead to a big dump. Therefore, I would rather earn less than get stuck at the top of the mountain. We just need to be patient for a few days to know the outcome. We must not rush our operations; we will charge forward when the situation becomes clear!
♥
♥
♥
Details of the layout during the session, pay attention to the Yibo live broadcast room at 20:30!