Ethereum suddenly came up today and stood at the previous high point of this round of market.
I am considered an evangelist of Ethereum. Many people are tired of listening to it, and a group of haters have been born.
After all, I like it very much, and its price performance has completely disappointed many people, and even regarded it as a garbage coin.
But I still buy it slowly when it falls.
Especially when Bitcoin soars to nearly 100,000 US dollars, it is obviously not a cost-effective business to continue to bet on Bitcoin.
Besides Bitcoin, the most reliable is Ethereum.
I have talked about this coin countless times. Today, someone asked me again if I can buy it now after it rose.
When it fell two days ago, I clearly said that I would buy it while it fell. Now it has risen. In the short term, the risk is very high, so this question is difficult to answer.
How will Ethereum perform next? No one knows.
However, if it can completely break through the pressure line of 3500 and hit the position of 3800, it means that this round of small bull market will go through a cycle.
The meaning of the cycle is that Bitcoin stabilizes after a surge, Ethereum follows up, and then various altcoins rotate wildly.
If there is no impact on 3800, then it is basically a small fight.
When the market is rising, don't be controlled by greed and do your best.
There will be declines when the market rises. I just hope that you will learn to buy the bottom slowly next time when it falls, instead of waiting foolishly.
Don't dream of buying the bottom at the bottom. No one can do it, not even Buffett. It has been confirmed that in the case of a bull market, buying the bottom while falling is the most correct choice.