Bitcoin has been rising rapidly amidst the bearish sentiment in the market, and has already climbed to $97,000. As for other currencies, although they are also under the bearish atmosphere of the market, they have not fallen as much as the market expected, and have only fluctuated back and forth in a small range.
It can be seen that the predictions of retail investors in the market have not been confirmed by the market so far. This also proves that the market trend is often contrary to human nature. When the market is correcting, you are full of fear that there will be a big drop, but it rises instead; when it rises, you are still worried about a big drop, but it continues to rise.
Ethereum's growth rate during this period is obviously inferior to Bitcoin, and it can even be said to be stagnant. To be honest, even I think Ethereum's trend is too slow. However, the sentiment of retail investors in the market is extremely extreme, and they have pointed the finger at Vitalik Buterin and spoken ill of Ethereum.
To be honest, anyone who has even a little in-depth understanding of the blockchain industry, Web3 architecture, and Ethereum would not be so extreme. Why is it so extreme? It is simply because of the current market trend. Bitcoin has broken through the historical high, soaring from $15,487 to $97,000, an increase of more than 6 times, while Ethereum has only increased by nearly 4 times from $880 to the current $3,367. Bitcoin's rise is so rapid, while other altcoins are still hovering at low levels. In the eyes of these retail investors, all this seems to be the fault of Ethereum.
Ethereum and altcoins have indeed performed poorly so far, which is a bit frustrating. But so what? That’s all in the past.
This is a market trend that has already happened and is set. Ethereum has indeed been moving slowly and sluggishly before. But what will happen in the future? Can you be sure that Bitcoin will continue to rise sharply while Ethereum will remain inactive? Do you know whether Ethereum will start to rise in the future?
The so-called "garbage" we are talking about at the moment is nothing more than the situation presented by the market in the past. I also admit that Ethereum's previous performance was not satisfactory, but that has become the dust of history.
What we are engaged in is investment activities, not love affairs. Our focus should be on how to plan next, which sectors and currencies will start the market. We should focus on the future rather than clinging to the past.
Therefore, those remarks that blindly accuse Ethereum of being poor and altcoins of being worthless are only referring to past situations. The key lies in which currencies will stand out in the future and which ones will have amazing performances.
Therefore, don't stick to the old ways and don't judge everything based on the current market trends and complain. Otherwise, you will be firmly controlled by the main force and lose your way on the road of investment.
