Analyst: Ethereum's average transaction volume in the past 7 days is four times that of the second half of 2019

According to CryptoSlate, since February 1, the price of Ethereum has risen from $ 185 to $ 280, an increase of more than 50%. Cryptocurrency analyst and economist Alex Krüger said that the average transaction volume of Ethereum in the past 7 days is four times the average transaction volume in the second half of 2019. In 2020, if Bitcoin price maintains its momentum and tests higher resistance levels in the short to medium term, traders expect Ethereum to be one of the best performing assets in the market. In addition, technical analysts generally believe that as long as BTC does not break through key support levels such as $ 10,000, the altcoin market is expected to perform strongly.