Can Ethereum continue to rise?

Despite prevailing pessimism, there remains an optimistic view on the possibility of positive changes in the last few months of this year.

The price of Ethereum could potentially reach between $5,000 and $10,000 in the future, but these predictions depend on significant changes in market conditions.

The Ethereum derivatives market, with its record short positions and leverage, is becoming a major challenge for venture capitalists.

Traders need to remain cautious as the market is currently caught between a dominant bearish trend and the possibility of a strong reversal.

Whether this is a sign of further decline or a potential recovery opportunity remains an open question.

ETH seems to be intent on washing out all small retail investors and medium to long-term holders, mainly because the ETH vehicle is too heavy, with too many people optimistic about it; without major bearish news, it can only wash most people out through a long process.

Retail investors mostly do not hold Bitcoin, but they generally have Ethereum.

Everyone wants higher excess returns and looks down on Bitcoin's 'stable' returns, choosing the seemingly more promising second coin between Bitcoin and Ethereum, which instead makes the second coin's vehicle heavier, ultimately leading to the current situation.

One can only say that crying, one must persist in holding; having held for so long already, one has endured a round of bear market, and the sunk cost is too high. If one were to switch positions at this time, it is very likely to fall just before dawn.

Tonight's divine order for short to medium-term has already been laid out!!!

Get on the bus, comment 111!!!

Free guidance!!!