Ethereum Fusaka upgrade launches in December: Can the technological breakthrough in the bear market replicate the Pectra myth?

Question

[Coin World] Upgrading in a Bear Market? Ethereum's recent move is quite interesting. Fusaka is set to launch on December 3rd, focusing on backend optimization with PeerDAS technology support, and the gas limit has also been raised. Network fees are not expensive right now, so it's quite smart to make a move at this time.

Do you remember the last Pectra upgrade? It directly pumped 40 points. This time, although the market is cold, the institutions that need to accumulate are still accumulating. To be honest, the position at 2800 dollars is quite delicate; the fundamentals are there – if you need technology, there's technology, and if you need a story, there's a story.

Some veteran investors have started to ponder: isn't a drop a good opportunity to accumulate? Of course, bottom fishing has always been a technical skill, so weigh it yourself.

ETH-7.26%

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MetaNomad · Accepted Answer

Bear Market is actually a good time for upgrades, and institutions have already seen through this point.

What PeerDAS has sounds good, but whether it can really attract capital depends on how stable the Mainnet performance is.

The last time Pectra rose 40 points was largely due to luck; this time, if it can pump a few percentage points, that would be good.

Wait, is 2800 really the bottom? It feels like it will explore further.

I want to wait until the upgrade is implemented to see how the market reacts, so don&#39;t rush to enter a position.

CryptoSurvivor · Answer

The bear market is actually a good time to lay the foundation. If PeerDAS stabilizes, there is still room for imagination later on.

Pectra only rose 40 points? What about Fusaka, let&#39;s wait and see.

Is 2800 really a low point, or is it another trap? Who can say for sure?

Institutions are hoarding, and I am hoarding too. It all depends on who can hold out until spring.

gas fees are going to be optimized again, which is good news for small investors.

Saying that upgrades will drive up prices, isn&#39;t that just digging a pit for retail investors again?

Buying the dip requires both funds and mindset, most people only end up with regret.

DataOnlooker · Answer

The bear market is actually a good time for upgrades, and I must say that this move by Ethereum has some substance.

Fusaka is coming, and with the support of PeerDAS, gas is also rising. We&#39;ll see the truth in December.

I still remember that wave of 40 points from Pectra; who can say for sure if it can be replicated this time... But the institutions&#39; coin hoarding rhythm indicates that they have a plan.

The 2800 position is indeed awkward; whether it rises or falls depends entirely on what happens next.

FlatlineTrader · Answer

Bear Market upgrading? This time is different, gas fees are already cheap, and the room for reform is larger. Pectra&#39;s wave was indeed powerful, but whether it can be replicated this time depends on market sentiment; the 2800 position is indeed very delicate.

MetaMasked · Answer

Upgrading again? Performing surgery during a bear market, Ethereum really can&#39;t sit still.

PeerDAS sounds good, but can it really take off at the price of 2800? To be honest, it&#39;s a bit uncertain.

Pectra&#39;s 40-point surge is still a dream, we can&#39;t count on that this time.

Institutions are still hoarding, which shows they have a plan. We retail investors can just watch the show.

Buying the dip is just a gamble, if it goes wrong it turns into a disaster, haha.