Short Ep. 24: ETH Below $1900 This Week 20
#ethereum #cryptocurrency #DecentralizedApplications #TotalValueLocked #defi #DecentralizedExchanges #ProfessionalTraders #BearishSentiment #marketanalysis #investing #cryptocurrencies #altcoins #altcoin #sec #dapps #markets #cryptocurrencyexchange #derivatives #futures #etherprice #ethereumprice #dex #mica #cryptokyodai #staking
Welcome to episode 24 of my channel! In this video, we discuss the 3 reasons why Ethereum stayed below $1900 this week.
Firstly, there is a reduced demand for decentralized applications and falling total value locked, which means less demand for Ethereum.
Secondly, Ethereum's market share by volume on decentralized exchanges has declined, indicating increased competition from other platforms.
Finally, professional traders have avoided leverage longs since early April, indicating bearish sentiment.
Watch this video until the end to find out why these factors are affecting Ethereum's price and what you can do as an investor to navigate this market.
You can find our episodes from 11 through 30 by clicking on the links below. Keep learning and stay updated with the Cryptocurrency world!
Episode 11 - https://www.youtube.com/watch?v=oTs_fsDJZus?autoplay=1
Episode 12 - https://www.youtube.com/watch?v=sPmzhoBpcTU?autoplay=1
Episode 13 - https://www.youtube.com/watch?v=K7ERfUEea0c?autoplay=1
Episode 14 - https://youtu.be/Nda7rMmCmOQ?autoplay=1
Episode 15 - https://youtu.be/_ykrFSpF898?autoplay=1
Episode 16 - https://youtu.be/LkS8RLSP_LY?autoplay=1
Episode 17 - https://youtu.be/-s3mXQw9Gv0?autoplay=1
Episode 18 - https://youtu.be/nuZ97R6mmVg?autoplay=1
Episode 19 - https://youtu.be/UxvRNRQOel4?autoplay=1
Episode 20 - https://youtu.be/_x5s6tLBpGI?autoplay=1
Episode 21 - https://youtu.be/wRRoQYZ-NUU?autoplay=1
Episode 22 - https://youtu.be/979fStxKl80?autoplay=1
Episode 23 - https://youtu.be/kRgqhZP7xNE?autoplay=1
Episode 24 - https://youtu.be/FJk_gYhBBY4?autoplay=1
Episode 25-30: To Be Released Soon! Keep watching!
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Thanks for watching! See you in the next video!
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