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โฐ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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Learn More: https://www.gate.io/article/44878
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Has Ethereum's technology improved? No, it hasn't.
Is his chain thriving now? No, right?
Has the GAS skyrocketing started to deflate? Probably not.
But the price will rise regardless; the crypto world really has nothing to do with the fundamentals, only related to consensus and the funding situation, as well as the macroeconomic easing conditions, which are related to these factors.
Here's a cold joke: Many people look at the long-short ratio, Ethereum has skyrocketed, but the number of long-short ratio is still extremely high... It was extremely high when it was falling, and it's also extremely high when it's rising.