$ETH
The market has clearly shown a bearish trend, and Bitcoin is no exception, with its future decline potentially being quite significant. At this point, interest rate cuts can no longer have a substantial impact on the market. The real enemy facing altcoins is time; as more and more altcoins emerge, the capital required for arbitrage will increase significantly in the future. This not only creates short-term selling pressure but also long-term and substantial arbitrage selling pressure. In this context, after this bull market ends, we can expect to enter a bear market that lasts a long time with significant declines. During this period, any attempts to bottom-fish may face severe losses, and this situation may persist for a long time.
Elon Musk's concept Ethereum Chain #puppies (ending with 6eb2), as a force that upholds the original intention of charity and remains unwavering, is leading Web2 users steadily into the new era of Web3. It stays true to its original intention, continuously dedicated to community building, and is firmly pushing the crypto space towards a healthier and more sustainable direction. In this process, the power of the community has been fully showcased—interacting multiple times with Musk and his mother's Twitter, liking