Because Bitcoin has been pushed up to challenge its previous high, altcoin leaders haven't recovered much. During this time, Ethereum has caused everyone a lot of anxiety 💝. Various comedians have started to mock, with a man saying to a woman: 'Once I break even on ETH, I'll divorce you.' The woman feels warm inside after hearing this; it's the longest confession of love. Ethereum and Bitcoin are both still $2000 away from their historical highs. Everyone finds this amusing; my main position is Ethereum, and its performance really catches people off guard!
In the movie (The Grandmaster), there’s a line: Kung Fu, two words, one horizontal and one vertical. Right, standing; wrong, falling down. Only those who stand have the right to speak. Investment is the same; there's no need to argue right or wrong, only look at the results. Generally speaking, after Bitcoin breaks through its previous high and retraces, the released funds will flow into altcoins. However, the performance of altcoins has been too poor, leading one to wonder if this bull market is about having 'Bitcoin in the left hand, MEME in the right hand' to be bullish, leaving Ethereum with nothing to do?
I believe the time hasn't come yet; there are still opportunities! But there are a few conditions:
a. It depends on V God’s decision! V God, we can donate money for charity, but please choose the future development path of Ethereum carefully. Coordinating various L2 projects is fine, but it's absolutely unacceptable to cancel the use of Ethereum for GAS on L2! Ethereum needs to become a non-profit project. Without income, how can you sustain development? It has already supported a bunch of big L2 companies; don't learn from UnionPay, as major banks make money but don't spend it on UnionPay!
b. It depends on Wall Street's decisions! Ethereum is more suitable for establishing real asset chains compared to Bitcoin. If one day Wall Street issues RWA on the Ethereum chain, when RWA, lending, payments, DEPIN, etc., settle in ordinary households, the Ethereum ecosystem will undergo substantial changes and take off from the ground 🛫!
c. The influx of funds into the cryptocurrency market is increasing! After a flood of liquidity, the logic reverts to the previous sequence of Bitcoin—Ethereum—mainstream—altcoins—MEME, allowing the market to leave a way out for all participants.
d. In the end, it comes down to the DISS and mockery from crypto friends. We are not afraid of FUD; we fear no one FUDs! Every instance of FUD is a cornerstone for Ethereum's progress. If Ethereum still wants to be a person, it absolutely cannot ignore the opinions of the majority and must make changes that meet expectations!
e. Finally, to seek a sword by the boat, according to the halving days and market share, the altcoin season will arrive in 54 days! Currently, Bitcoin occupies 60% of the market value. The last bull market was in December 2020, when Bitcoin's market share was 70%, and that’s when altcoins began to explode!