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The Ethereum futures premium has hit a new low in nearly a year, and the Pectra upgrade will be a key turning point

According to Cointelegraph, the Ethereum futures premium has hit its lowest point in nearly a year, which traders see as a sign of a bottom and a turning point for the market. At the same time, with only a few weeks left before the Ethereum Pectra upgrade, investors need to focus on two major innovations: the optimization of basic layer fees and the improvement of end users' experience. If the upgrade can substantially enhance the competitiveness of the network, ETH may regain its leadership in the counterfeit products market. Until then, the market will remain weak and volatile.