In the Crypto Assets network, transaction fees (especially the Gas fees of smart contract platforms like Ethereum) are a very important market indicator. Gas fees not only represent the network's usage load but also reflect the actual trading demand in the market. If Gas fees remain high, it usually indicates network congestion, and users and investors must pay higher costs when conducting transactions.

One important reason I pay attention to Gas fees is that they can tell us about the market's "activity level." When there is a large demand for transactions in the market, Gas fees tend to rise, especially in some popular decentralized finance (DeFi) applications and NFT transactions. When Gas fees are too high, I am cautious in assessing whether to enter the market, as this usually indicates that the market is overheated, which may lead to a price bubble.

When evaluating gas fees, I look at how it trends. If gas fees continue to rise and trading volume remains stable, it means that the market demand continues to be strong; However, if gas fees spike and trading volume shrinks, it could be an unhealthy sign for the market and caution should be exercised. #市场观测指标分享