BREAKING
176d 0h ago

Ethereum Surge: Blueport’s Wang Feng Embraces the Dip Amid Crypto Market Shifts

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On August 19, COINOTAG News reported that Wang Feng, the founder of Blueport Interactive, has expressed his intention to accumulate more **Ethereum** over a three-day period, citing favorable market conditions. Previously, Feng garnered attention for his optimistic stance on **Tesla**, and his current focus on **Ethereum** underscores a shifting narrative in the cryptocurrency landscape. Factors such as former President Trump’s evolving encryption policy and the influx of liquidity are significantly shaping this environment. **Bitcoin** continues to be recognized as a form of **digital gold**, while traditional financial institutions are increasingly acknowledging the inherent *programmability* of **cryptographic assets**. In the race for dominance in the blockchain sector, **Ethereum** maintains a competitive edge, positioning itself ahead in the “first to consensus” arena, attracting considerable interest from a variety of market players aiming to assert their influence.

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