- Vitalik warned that the increasing complication of Ethereum may threaten decentralization; Pectra upgrade stimulates the main debate.
- ETH whales have shown mixed strategies, which reflects the uncertainty before Pectra Prort.
As waved in Pectra upgrade – it can be said Ethereum [ETH] Boldest Leap since the merger – Vitalik Buterin poses difficult questions about the place of driving all this complexity.
Meanwhile, the market appears to be not sure of chanting or conflict. Whales are divided, the price of the price is slow, and the network looks to stop in the middle of the road.
Is this the extra weight in engineering?
Pectra on the deck, but does Ethereum build a castle on the sand?
Since Ethereum is preparing for a very expected bacterial upgrade-he was appointed to expand the capacity of the point, simplify OPS, and bring UX improvements that have long been requested-Vitalik Boterin looks like A different type of alert.
In a new blog publication, the co -founder of Ethereum warns that the protocol may be drifted towards the incomprehensible complexity, which urges to return to simplicity before it becomes a responsibility.
“Even a smart high school student is able to fully wrap his head and understand the Bitcoin Protocol. The programmer is able to write a customer as a hobby project.”
The consequences? The current ETHEREUM structure is away from this level of access … a problem.
While Pectra provides concrete improvements, Burin wonders whether accumulation of features in the basic layer is the long -term strategy.
He points out that Ethereum increases on a small group of high technical shareholders, which risk “central control and the barrier increases to enter new developers.”
“Simplicity should be considered a basic value, just like decentralization.”
Pectra may polish the protocol, but unless society embraces the minimum mentality, Ethereum can build a great future – but fragile.
Whale Hour: Mixed signals in mysterious waters
if Ethereum CodeBase is complex, difficult to read whales. While Burin talks about clarity, adult holders do anything but to show condemnation.
The data on the chain paints a picture of the frequency, which is a picture closer to the poker game more than the market strategy.
Source: x
Take whale Those who just washed 3,029 ETH at $ 1,895. This is a bet of $ 5.74 million … now he sits 142 thousand dollars in red.
However, since March, the wallet has gone itself with $ 300,000 by buying declines and flipping shirts. It is not bad, but hardly a long -term trust.
At the same time, in the past few hours, only, Two whales AAVE is borrowed from USDC from AAVE to buy ETH – while another portfolio withdrew 2,250 ETH from Binance.
A bullish mark? maybe. But then there A short whale Which doubled with 10,000 ETH ($ 17.9 million), now 510 thousand dollars underwater.
Source: x
And let us not forget Staker in the long run Who did not finally succeed 5,180 ETH after two years – only to lock a net loss of $ 255,000.
Source: CoinmarketCap
price? I barely go – only 1.83 % this week. Big fish swim, but no one is directed.
What history tells us
ETHEREUM’s main promotions tend to follow a familiar style – progress, fluctuation, and final price movement.
When the merger was launched in September 2022, ETH initially decreased more than 20 % within days. However, it was recovered after months, with the support of the macro wind.
Shanghai’s upgrade in April 2023, the insured ETH ETH. The markets expected an increase in the sale of pressure, but ETH jumped instead to 10 % the following week. Investors seemed comfortable for smooth implementation.
This trend highlights the short -term fluctuations, followed by a gradual reinstalization and meaning simply as stable speculation.
PECTRA, although less than the address of integration, provides expansion improved improvements, a better checking experience, and extensive rolling capabilities.
Whether it raises a crowd or reinforces mainly from the Ethereum Foundation, history indicates that the markets rarely interact immediately with technical developments. Instead, the effect is revealed over time.
The outbreak or collapse?
At the time of the press, the ETH was about $ 1,846 with silent fluctuations, as the relative strength index was fixed at 58, and was not overlooked at the height of the sale. MACD glimpsed to upward momentum, but barely.
The whales look divided because the eth itself is. With the improvement of the basics but concerns about the high complexity, the price goes in the water.
Source: TradingView
This side mix may indicate pressure before collapse, or the beginning of a longer unification stage.
