Ethereum futures premium hits a new low in nearly a year, Pectra upgrade will become a key turning point
Golden Finance reports, according to Cointelegraph, Ethereum futures premiums have hit a nearly one-year low, which traders see as a bottom signal and the market may be at a turning point. At the same time, with only weeks left until Ethereum's Pectra upgrade, investors need to focus on two major innovations: optimization of base layer fees and improvement of end-user experience. If the upgrade can substantially enhance network competitiveness, ETH may regain its leadership position in the altcoin market. Until then, the market will continue to maintain a weak oscillation pattern.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pre-orders for GTA 6 are booming and may reverse the downward trend! Citigroup raises Take-Two Interactive Software (TTWO.US) target to $270
Citigroup maintains a "Buy" rating on Take-Two Interactive Software, with a target price of $270.
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data

Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.