Best Brokers Investment Analyst Alan Goldberg commented:

“The Ethereum 2.0 upgrade was only released three weeks ago. It does add a deeper interest in the Ethereum Internet, but it cannot prove that such a great improvement is justified. We must take into account external factors, including the fact that everyone regards cryptocurrency as an investment project and its record breaking bottom in the third quarter of 2022 may be a cheap source of goods for most investors.”

Everyone has been looking forward to Ethereum 2.0 upgrade for a long time Е The number of thereum users has played a positive role. However, he was so late in the third quarter of 2022, which is definitely not the only reason for the growth trend. The expectations and information in the middle and late July have confirmed the final upgrade date, which is undoubtedly conducive to reducing commerce and trade. However, we must also consider that the Ether price will fall below the $900 level at the end of the second quarter of 2022. For positive and optimistic investors, cheap prices must be a convenient discount. Since then, the price has risen steadily, touching the friction resistance of $1000 several times, but in August 2022, the price has risen by 100%, slightly higher than $2000.

Although the current price is about US $1360, or 33% lower than the peak in August, the price of Ether fluctuates greatly, which is also a common price fluctuation of most cryptocurrencies. After all, price fluctuation and high trading volume are one of the factors that promote investors' interest in the encryption market. This is what Ethereum did in the third quarter, which clearly shows that the sales market has the potential to repair the proactive development trend.

Alan also added that the number of active customers increased by 36% in just three months, which is likely to be interpreted as a sign that the login password sales market has returned to an active market. He said:“The total number of active customers was higher than 14% in the fourth quarter of 2021. At that time, BTC and Ethernet prices were at the highest in history. This fact can only increase the expectation of data encryption investment analysts on the industry's growth potential again. "