
Yesterday afternoon, there was sudden news that according to the Twitter of Ethereum community member JimmyRagosa, EIP-1559 may be postponed to 2022, because most Ethereum core developers reported that there are still a lot of problems to solve.
As soon as the news came out, the impact of the short-term news was relatively large, because the market was very much looking forward to the launch of EIP-1559. It was originally expected to be launched in August and now it has been postponed, and it has been delayed many times before. The agreement has been postponed infinitely, let alone ETH2.0 transfer to Pos, so the current market is extremely disappointed with this matter, and ETH directly began to fall.
But then the market began to refute the rumors. It turned out to be a translation error on some blockchain websites. Jimmy Ragosa’s original text was a joke. "Massive hangover", overheard at Ethcc this morning "fuck the burn, who's all I need right now". This is the translation of the original text of the whole passage. Afterwards, V God said in the community that most Geth core developers did not participate in EthCC. In response to community doubts, it proved that this was a false alarm. EIP-1559 Surprise will be launched in early August.
Going back to Twitter, after Twitter CEO Jack Dorsey discussed Bitcoin at the meeting of the Big Three on the evening of the 21st, Twitter announced the financial report for the second quarter of fiscal year 2021 this morning. Jack Dorsey (Jack Dorsey) Dorsey) was answered on the earnings call about the further integration of Bitcoin and the Twitter platform, saying that Bitcoin will be an important part of Twitter's future.
Dorsey said that if cryptocurrency is used, its product promotion and product use will be much faster, such as super follows, e-commerce, subscription waiting, and can reach anyone on the planet without entering each market one by one, so this is the future a very important part of. Transparent money has many innovations, especially in terms of decentralizing social media and providing more economic incentives. Therefore, Bitcoin is very important to Twitter and Twitter shareholders, who believe that Bitcoin can bring rapid development and innovation. Will continue to pay attention to this field. He also mentioned that Facebook is also developing Libra, saying it is the right way forward.
Dorsey said that Bitcoin will become an important part of Twitter. This sentence is very important. No one can ignore the functions of the world's top media channels and social channels. The word-of-mouth is not very good, mainly because of the negative news spread by social media controlled by others, and the people’s impression of something comes from this channel of daily contact. More directly, the masses are easily brainwashed .
Therefore, just imagine, if Twitter keeps spreading positive news about Bitcoin, what it means to users who have been in contact with Twitter. The impact will be long-term, and it will be instilled from the thinking of most users. , the lasting influence is very strong.
Back to the market, the rhythm of the past few days is relatively similar. They all pull back or fluctuate during the day, and then pull the market at night. Today is no exception during the day. The market has been falling after a short surge.
Today's high price once returned to above $32,900, which is a step further away from $33,000, but $33,000 is obviously a somewhat important position in the eyes of the masses, and there are also many selling pressures around this position, which makes it as long as it is slightly closer This position will usher in a certain amount of selling pressure.
From the perspective of the disk, the current different ranges and pressure positions are obvious, and it is currently seeking to break through the range below $33,000. At present, there is no need to care about reversal or rebound. According to the current trend, wait for the market to conquer a position and continue to look forward to the previous position.
Risk warning: Investing in digital currency is a high-risk investment behavior. The content of this article is for reference only and does not constitute investment trading advice. Investors are requested to invest rationally: investment is risky, and caution is required when entering the market.
Risk warning: Investing in digital currency is a high-risk investment behavior. The content of this article is for reference only and does not constitute investment trading advice. Investors are requested to invest rationally: investment is risky, and caution is required when entering the market.