In addition to what was mentioned before, I would like to add my views on ETH $ETH

First of all, whether ETH is currently at 3700 or was previously at 3000, 3300, 3500, many people have said that ETH is dead or that the main upward trend for ETH has already ended, which is actually incorrect.

ETH has actually been in a corrective rally until now, and big whales have been accumulating very, very large amounts in preparation for a rise. If you understand on-chain data, you can see it very clearly. The real upward movement for ETH has not yet arrived, but it is becoming increasingly strong, and I believe it will soon experience an explosion.

Many KOLs also mention that there are many problems on the ETH chain, such as high gas fees, limited future development, and difficulties in advancing distributed networks, etc., but it cannot be denied that there are many well-performing L1 public chains in the market such as ADA, APT, but this does not affect the fact that ETH is still the second in this bull market, and it will definitely be the second. Here’s why:

First, most of the projects that have emerged in the past two years were established and started operating in 2020, and the vast majority are built on the ETH mainnet. Not to mention L2 projects like ZK, ARB, OP, etc., these are all expansions of applications on the ETH mainnet. The prosperity of L2 will definitely benefit the ETH mainnet, and I think everyone should be clear about this, it’s not just about a deflation of ETH funds.

Secondly, whether it’s the BNB chain, TON chain, or ADA, etc., their ecosystems are still in the development stage, while ETH's ecosystem is truly in a prosperous stage. Even if a flourishing dynasty is to collapse, it takes time; perhaps in the next 5 to 10 years, ETH may not be number two, but it will definitely be in this year’s bull market.

Finally, there’s really not much more to say. I just want to say that buying ETH now is still a very good choice because the main upward trend has not yet arrived. Of course, I do not oppose buying contracts, but you must control it to avoid liquidation, and definitely do not use high leverage $ETH