Turn 10U -> 10000U Challenge - Day 5
Many people wondering why I long $ETH even though it’s weak in this bull run compare to BTC. Here is the reason.
1.Following the most recent BTC halving event in 2020, ETH experienced a remarkable surge of over 400% during Q1 2021.
2.ETH’s average ROI in Q1 has historically been approximately 95%.
3.ETH has successfully retested its key support zone in the range of 2400–2800 and formed a strong bullish reversal candlestick pattern in November.
Based on the three reasons mentioned above, I have decided to start building a long-term ETH long position now, hoping to achieve decent profits by Q1 next year.
Day 4 summary:
1.ETH (10X Long): Size: 0.006 $ETH
Total profit: 1.93U(+19.3%)
