Justin Sun Says Bitcoin Is in Discussions, Ethereum Forms Research Committees, While Tron Is Doing and Launches Blockchain Post‑Quantum Initiative

Ethereum’s formation of research committees is a positive long‑term development, yet it does not deliver a clear short‑term price‑support signal. Tron’s post‑quantum initiative, while innovative, is likely to have only a limited immediate effect on price movements. Technical indicators—MACD below its signal line and RSI hovering at mid‑levels—cast doubt on the sustainability of the current rally. Consequently, a modest correction in BTC is anticipated over a 1‑3 day horizon.

Ethereum’s initiative to set up research committees could be viewed as a positive long‑term development signal. However, the MACD remains below its signal line and the price is slightly below the 20‑period SMA, creating short‑term uncertainty. Developments concerning Bitcoin (BTC) and Tron (TRX) may heighten volatility across the broader crypto market. Consequently, a significant move for ETH is not anticipated within the next 1–3 days, though a modest upside potential remains.