#BTC# #ETH# Dawn is coming? Ethereum will expand 18 times again! Do you know that this upgrade will rewrite everything! (The following is a reprint and is not intended as any investment advice)

When will the Prague upgrade test network go live? You must know this important date, it will be the clarion call for the counterattack in the currency circle!
Will the upcoming PCE inflation data be bullish?
First of all, I would like to talk about several potential explosive time points in the currency circle, the first of which is February 25th. At six o'clock in the morning on this day, the highly anticipated Ethereum Prague test network HoleSky will officially go live, marking the official start of the Prague upgrade, with milestone significance.
The Ethereum upgrade often starts from the testnet launch and continues to rise until the mainnet update, which is April 8th. So please be prepared. The upgrade we have been waiting for a year has finally arrived, and it can be said that victory or defeat lies in this one move.
The second time point is also on March 5th at 3:30 pm, when the upgraded final testnet Sepolia in Prague will go live. It seems that starting from the end of February, various news and positive factors about ETH will gradually emerge, and by early April, I think ETH will bottom out above 4000, and even have a chance to reach 6000 after breaking through.
Actually, I am not worried at all about how Ethereum will perform in its upgrade market. What concerns me more is the bearish impact caused by CPI and tariffs in the broader environment, which could put pressure on relevant US stocks or Bitcoin, adding uncertainty to the market.
After all, in the second half of last year, the market expected the Fed to cut interest rates 4 to 5 times this year. However, the recent CPI data setbacks have made the two interest rate cuts this year less certain.
But the good news is, V God finally awakened and decided to expand Ethereum, saying that Ethereum should expand 18 times faster to reduce usage fees, which is very amazing, I hope this expansion can be implemented early.
It is important to know that the 20% expansion of Ethereum this month has already reduced the Ethereum fees by 70%, reaching the level of only 3 cents per transaction, which is almost free. If it expands another 10 times next year, the Ethereum gas fees may decrease by 99%, and by then, a large amount of previously outward-bound funds may be expected to return in large numbers.
Some friends may not understand the recent 20% Gas expansion. Why can this 20% expansion reduce fees by 70%? I'll give an example for everyone to understand.
The previous Ethereum was equivalent to 1000 portions of food but was shared by 1200 people, not enough to go around. Everyone had to bid higher to buy, and gas fees soared. But now, you are directly given 1200 portions of food, one per person, so no one needs to fight for it. Therefore, although the gas limit has only increased by 20%, the price has dropped by 70%.
So when Ethereum scales up again, the gas fees will decrease even more. It's possible to reduce it by another 90%. The current transfer fee is 4 cents. I think it may drop to less than 1 cent when the expansion is completed. This is the fundamental turning point for the ETH chain.
And because Ethereum is more decentralized and secure, when the fees drop later, there may be no other chains.
However, looking at the K-line, after the previous sharp decline of Bitcoin and Ethereum, there was a second bottom before they took off again. Will it happen this time as well? I think the probability is relatively small, especially considering the upcoming Prague upgrade. However, this is not an excuse for us to use high leverage. We must manage risks well, so don't set the leverage too high. It's fine to hold spot positions or 2 times leverage. When you have extra funds, you can add some for dollar-cost averaging.
If it is spot, then if ETH really has a small probability of double bottoming, then you can transfer the spot ETH to a leveraged or coin-based account, and then buy twice the coins at 2200, so that you can maintain a low risk while taking advantage of the low price.
Actually, I think the recent dead cat bounce in inflation may be about to turn around, because according to Nick, the megaphone of the Fed, mainstream investment banks predict that the PCE inflation index at the end of the month will decrease significantly, from 2.8% to 2.6%, which is a very large decrease.
If it really reaches 2.6%, then Bitcoin may be able to rise by 10%, and these data are unknown to retail investors who do not read research reports.
So we can look forward to the end-of-month PCE data, maybe there will be a pleasant surprise.
My current strategy is to hold ETH for 70% long-term and Grok until the upgrade on April 8th.
We can see very intuitively that stablecoins have increased by nearly 10% compared to last month, indicating that funds are still entering the market. There is no shortage of liquidity or massive whale cashouts that everyone is worried about. This is also the fundamental reason why I believe the bull market is still here!
Actually, if it weren't for inflation, tariffs, and other unexpected factors, the currency circle would have skyrocketed long ago according to past experience, so this bull market is really much more difficult than the previous ones.
Another piece of good news is that the 3-year-long Russia-Ukraine war is expected to see a turning point. Trump has already spoken with Russia and Ukraine over the phone, working to facilitate peace talks.
If the war ends, it will definitely be a huge boost to the capital markets, and it will also lower oil prices, thereby reducing CPI, because Russia is closely related to global oil prices.
Tonight, there will be a repayment of 16 billion US dollars from FTX, and a large amount of money will return to the hands of retail investors, which is definitely a very big positive. So I think this time should not become a good time to start a callback, after all, it hasn't risen much now. On the contrary, with so much money flowing into the market, it will rejuvenate the cryptocurrency circle.
Moreover, in addition to the Prague upgrade, there will also be a Bitcoin strategic reserve and a Bitcoin upgrade at the end of the year. At the same time, U.S. data has been negative for so many times in a row. I don't believe it will be negative next time, so things may turn around unexpectedly!