# 坎昆升级

[ OP vs ARB 👀 ]
I remember this important day. According to Token Unlocks, Arbitrum will unlock 1.11 billion ARB tokens worth $1.24 billion at a market price of $1.12 on March 16, 2024. The amount of unlocking is equivalent to the circulation of the tokens 87% of the total volume of 1.275 billion
According to Spot On Chain monitoring, 553 million ARB were transferred from the Safe multi-signature address marked "Arbitrum: Investors ARB Vesting" to 151 unlocked contract addresses 7 hours ago, equivalent to approximately US$631 million.
The currency price usually reacts 1-2 months in advance, t

[ 👀Ethereum Cancun Upgrade]
As I said before, there are a lot of big funds in the data on the chain to buy the bottom of Ethereum. Now, according to the news from the developer forum, the estimated time is September this year. Time to upgrade 😎
In addition, this upgrade will indirectly affect the two-layer protocols of Ethereum, Optimism and Arbitrum. They adhere to the principle of speculation in the currency circle and not speculation in the old. These two did not participate in the last round of bull market, and it is very likely that they will be driven by the next round of bull market.

After the approval of the SpotBitcoin ETF, the focus has now shifted to the Ethereum, and we have also seen Ethereum experience a sharp rise, surpassing the resistance level that has been difficult to break through before, and the related Ethereum Layer 2 prices have all risen significantly. Don't forget because of ETFs BitcoinSpot ETFs are just appetizers, and BitcoinHalving is yet to come. In the next phase, we need to focus not only on BitcoinHalving, but also on SpotEthereum ETFs. Ethereum is much higher than Bitcoin today, and the last time Ethereum traded above $2,400 was on May 3, 2022,

[Smart money flows to IMX❓]
Although BTC fell back after two days of gains yesterday, the on-chain data showed no significant decrease in buying orders, indicating that the real high point of this B-wave rebound has not yet reached (but I don’t think it will catch up) What is the spread from the previous high of 28,000); and the RSI previously said that it fell below the oversold range of 30 and could enter the market. Then it did win a wave of rise, and the RSI rebounded to a position of almost 90. After this wave of decline, it fell back to the fast level. Although the position of 30 is not

Ethereum significant increase in demand has attracted a lot of attention in the market, not only based on the strong performance of Ethereum in previous cycles, but also because the various projects and protocols closely related to its ecosystem, especially those designed by re-staking mechanisms, have successfully attracted a large amount of capital into the Ethereum market, and the active development of these projects has not only increased the utility of the Ethereum, but also drop the number of Ethereum circulating in the market, providing a potential impetus for its price increase.
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[ DENCUN Upgrade Next Rotation Section 👀 ]
Cancun is something that the market has been expecting for a while, so it is likely that there will be a pullback when the real 3/14 comes, and Ethereum's recent rally is really a straight line and will not return, and this pullback will be a good time to get on the bus (if it can be combined with the May Ethereum spot ETF pass)
In the next rotation section, you can consider SOL or lay out AI-related tokens in advance, and AI will be the highlight of the next day
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#加密货币 #币圈 #ETH #坎昆升级 #SOL

The upcoming Ethereum Cancun upgrade on March 13, the Layer 2 series of tokens will usher in spring, which is also a topic we need to focus on this week. On the macro front, the U.S. non-farm payrolls data for February was released on Friday, exceeding market expectations, with 275,000 new jobs, higher than the market expectation of 200,000, and the unemployment rate rose to 3.9%, a new high since January 2022. This week, focus on the February inflation CPI on Tuesday, and the producer price index PPI and retail sales data on Thursday.
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Ethereum un Close Position contract volume has reached a new high, almost reaching the Bull Market level of 2021, and in the near future, Ethereum will undergo a major Cancun upgrade that will significantly drop Layer 2 fees. Moreover, Longer's exchange reserves are also decreasing, and more and more Long Ethereum is being transferred to other platforms or wallets for staking or other purposes, and Bloomberg estimates that there is only about a 60% probability of Ethereum ETF passing. Global macro Liquidity is more important than Halving, Bitcoin the ratio of value to M2 Money Supply in the Un