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Ether, the native cryptocurrency of the Ethereum blockchain network, has experienced significant price volatility in the past week. After reaching a high of $2,125, the price has dropped to $2,024 amidst a broader market sell-off. Ethereum has struggled to sustain levels above $2,080 and is currently facing challenges below the 23.6 percent Fibonacci retracement level. The cryptocurrency is trading below $2,080 and the 100-hourly Simple Moving Average, with resistance seen around the $2,065 zone. The primary hurdle lies near the $2,100 level, and a breakthrough above this level could propel the price towards the $2,120 resistance area. Further gains may lead to a bullish momentum targeting the $2,250 level. Ethereum is currently in an accumulation phase, potentially influenced by BlackRock’s filing for a spot Ethereum ETF. Additionally, Ethereum co-founder Vitalik Buterin discussed the platform’s future roadmap, emphasizing the need to redesign Ethereum staking for increased decentralization. Buterin proposed improvements in mining pools and staking pools to enhance decentralization. He also mentioned the upcoming Ethereum upgrade, EIP 4844 or Danksharding, which will focus on setting parameters and attributes. Buterin suggested the possibility of implementing a voting system to eliminate the need for future hard forks. The Dencun upgrade is expected to be live in early 2024. In September 2023, Buterin unveiled the concept of Privacy Pools, a cryptocurrency project aimed at harmonizing blockchain privacy with regulatory expectations. The project gained popularity after Buterin authored an academic paper on the topic. However, it has also sparked debates and divisions within the cryptocurrency community.