Ethereum is not only a payment system, but also a base for the affordable implementation of blockchain technology. Ether is a cryptocurrency of the platform and is second only to Bitcoin in terms of market capitalization. The possibilities of using Ethereum as a community-driven technology are constantly growing because everything that can be owned can be presented, sold and used as non-interchangeable tokens.

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📊 #BTC Glassnode: The Realized Profit/Loss Ratio (90D-SMA) continues to trend lower (~1.5), moving closer to 1, reflecting progressively thinner liquidity conditions.

A sustained break below 1 has historically coincided with broad-based capitulation, where realized losses dominate profit-taking across the market.