Analyst: Ethereum Gas Fees Hitting a Record Low May Be a Bullish Signal

Odaily News Ryan Lee, chief analyst at Bitget Research, said that every time ETH's gas fee falls to the bottom, it often indicates that the mid-term price has bottomed out. ETH prices tend to rebound strongly after this cycle, and when this moment coincides with the interest rate cut cycle, the wealth effect of the market is full of possibilities. (Coindesk)