ETHDownBad
The price of Ethereum has sank in recent days - how does it compare to other tokens amid a general market downturn?

METHODOLOGY
✔️ In this dashboard, I examined analyzes of The recent decline of the Ethereum price and the general market recession.
✔️ I use ==ethereum.core.fact_hourly_token_prices==, ==token_price, solana.core.fact_token_prices_hourly==, ==optimism.core.fact_hourly_token_prices==, ==ethereum.core.dim_labels==, ==ethereum.core.ez_eth_transfers==, ==ethereum.core.ez_dex_swaps== table.
✔️ First of all, I explained what Ethereum is and how does work.
✔️ Then I analyzed ETH Price , ETH Inflow, Outflow and Netflow, ETH Buying and Selling analysis.
What is Ethereum ?
At its core, Ethereum is a decentralized global software platform powered by blockchain technology. It is most commonly known for its native cryptocurrency, ether (ETH).
Ethereum can be used by anyone to create any secured digital technology. It has a token designed to pay for work done supporting the blockchain, but participants can also use it to pay for tangible goods and services if accepted.
Ethereum is designed to be scalable, programmable, secure, and decentralized. It is the blockchain of choice for developers and enterprises creating technology based upon it to change how many industries operate and how we go about our daily lives.
It natively supports smart contracts, an essential tool behind decentralized applications.

How does Ethereum work
Like Bitcoin, the Ethereum network exists on thousands of computers worldwide, thanks to users participating as “nodes,” rather than a centralized server. This makes the network decentralized and highly immune to attacks, and essentially unable to go down as a result. If one computer goes down, it doesn’t matter because thousands of others are holding the network up.
Ethereum is essentially a single decentralized system that runs a computer called the Ethereum Virtual Machine (EVM). Each node holds a copy of that computer, meaning that any interactions must be verified so everyone can update their copy.

Loading...
Loading...
Loading...
Loading...
Loading...
Loading...


> # 🔎Observation
✔️I measured the current token price on the 1st of January 2022. How’s the percentage changed as of today? Besides, showing the chart with the moving average which may use as the technical analysis forecasting future ETH token price.
✔️Investors may choose different periods of varying lengths to calculate moving averages based on their trading objectives. Shorter moving averages are typically used for short-term trading, while longer-term moving averages are more suited for long-term investors.
✔️While it is impossible to predict the future movement of a specific stock, using technical analysis and research can help make better predictions. A rising moving average indicates that the security is in an uptrend, while a declining moving average indicates that it is in a downtrend.
✔️Similarly, upward momentum is confirmed with a bullish crossover, which occurs when a short-term moving average crosses above a longer-term moving average. Conversely, downward momentum is confirmed with a bearish crossover, which occurs when a short-term moving average crosses below a longer-term moving average.

Loading...
Loading...
Loading...
Loading...
Loading...
> # 🔎FİNDİNGS
✔️A money flow of Ethereum is transferred to and from exchange wallets to evaluate investors' behavior.
✔️An exchange is where the actual trading events occur, which reflects the demand side
✔️Exchange Flows: Amount of coins deposited/withdrawn into/from the exchange wallets
Increase of inflow -Bearish
Increase of outflow -Bullish
✔️Increasing Trend Possible volatility Helps predict the Market Trend
High selling pressure -Bearish
Low selling pressure -Bullish

Loading...
Loading...
Loading...
Loading...