Many friends are asking whether the recent upgrade of $ETH will help the market trend. I took a look at the upgrade content, and the core impact of this upgrade, Fusaka, essentially makes ETH lighter, faster, cheaper, and easier to verify, while also laying a foundation for Verkle Trees and Danksharding.
Therefore, it does not fundamentally change ETH's status from a core narrative or economic attribute perspective. As a risk asset, ETH is still significantly related to the current U.S. economy and monetary policy.
Currently, the exchange rate of ETH to $BTC is still at a relatively low level. Although there has been a slight increase in ETF investors, there is still some room for ETH to rise. Personally, I believe that BlackRock's staking through ETH may have a greater impact.
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