Don’t mistake cooling fees for a market bottom.
$ETH On-chain daily fees fell from around 467K to 301K, down 34% period over period.
Current price: 2,412, down 1.7% on the day and about 3.3% below the high.
Top-five buy/sell ratio: around 0.06 on Binance and 0.36 on OKX, with sell orders weighing in the same direction.
Fees cooled first, then the order books got hit—mark it as usage ebbing, not as a bottom being in.
#以太坊费用 #ETH order book
$ETH On-chain daily fees fell from around 467K to 301K, down 34% period over period.
Current price: 2,412, down 1.7% on the day and about 3.3% below the high.
Top-five buy/sell ratio: around 0.06 on Binance and 0.36 on OKX, with sell orders weighing in the same direction.
Fees cooled first, then the order books got hit—mark it as usage ebbing, not as a bottom being in.
#以太坊费用 #ETH order book