Will ETH rise to 10,000 USD within the next two years?
80% chance
The recent ETH market has truly disappointed many people, and there are those who feel that ETH has completely fallen behind this round, with funds and traffic diverted to newly emerging public chains like SOL, SUI, BNB, etc.
The main reason is that the recent explosion of new public chains is characterized by high performance, low gas fees, high TPS, and exceptional convenience. This has also attracted some meme enthusiasts to these platforms, with SOL being the most typical example.
Reviewing the historical trend of Ethereum, it is the king of public chains that has increased by over ten thousand times.
Is ETH really that ineffective now, unable to maintain its long-held second place?
Currently, the overall trend of Ethereum appears very weak and lacking momentum. This year, it has dropped from a high of over 4,000 USD to a low of just over 2,000 USD, a decline of nearly 50%.
Especially during the August 5th disaster, the total liquidation that day even exceeded that of BTC.
After being stagnant at the bottom for three months, it was only after Trump took office that it was pulled back up to over 3,000 USD, but soon started another round of fluctuations.
According to the expectations of many of us, the price should at least be around 4,500 USD now, comparable to BNB and SOL, hovering at the previous round's high, waiting for an effective breakout and surge.
For the current trend of ETH, I suggest those holding ETH to simply hold onto their spot.
Next, we will be setting up for a project that is likely to surge in the short term, while also looking for meme coins on the Solana chain.
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