ETHUSDT WEEKLY CHART

Wait 5 sec.

ETHUSDT WEEKLY CHARTETHUSDT SPOTBYBIT:ETHUSDTShavyfxhubETHUSDT CURRENT PRICE IS 2286.9 the structure looks accurate and align with break of structure and line chart close on the weekly time frame . I want to see the next action into the upper supply roof of the weekly structure ,the structure of the market never lies, if we get a fake upswing into higher zone ,it will definitely end in sell off based on numerous weekly resistance to upswing in the structure, numerous resistance on a weekly and monthly chart is an interpretation of what market markers think about going long on Ethereum or anyother project. when we have numerous resistance to upswing ,it will require smart money presence to break it and set a new tone for bullish trajectory on successful retest to broken structure on higher time frame . what is Ethereum and the use case in the ecosystem?? Ethereum is a decentralized, open-source blockchain platform that enables the creation and execution of smart contracts—self-executing programs that run automatically when predefined conditions are met. Unlike Bitcoin, which primarily functions as a store of value or medium of exchange, Ethereum acts as a programmable settlement layer that supports a vast ecosystem of applications. Core Ecosystem Functions The platform is powered by its native cryptocurrency, Ether (ETH), which serves as "fuel" for the network by paying for transaction fees and computational services. Use Case Description Decentralized Finance (DeFi) Protocols for automated lending, borrowing, and trading without traditional intermediaries Non-Fungible Tokens (NFTs) Unique digital assets representing ownership of art, collectibles, or intellectual property on-chain Stablecoins Digital currencies pegged to fiat assets (e.g., USDC, USDT) that facilitate stable payments and cross-border remittances DAOs Decentralized Autonomous Organizations that use smart contracts to enable community-led governance and decision-making Tokenized Assets Real-world assets like real estate or stocks represented as digital tokens to increase liquidity and transparency Ethereum's infrastructure allows developers to build decentralized applications (dApps) across various sectors, including supply chain management, identity verification, and gaming. By removing the need for third-party oversight, the network aims to provide enhanced security, efficiency, and user control over digital interactions. who is the founder??? Ethereum was proposed in November 2013 by Vitalik Buterin. While he is the primary visionary and most recognizable figure behind the project, Ethereum was co-founded by a group of eight individuals, including Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin. Because Ethereum is a decentralized, open-source blockchain network, it is not owned by any single individual or entity. The network is maintained by a global community of developers and stakeholders. #ethusdt #crypto