Congratulations to Ethereum for standing above 4000.
Under the current market conditions, stabilizing above 4000 is almost effortless.
Duge once said to cherish Ethereum below 3500; this statement became the target of countless critics' ridicule. And now?
Ethereum below 3500 may never be seen again.
What will the future of Ethereum look like? Duge believes that 6000 is just a starting point, and 10000 is not a dream. Calculating it, Ethereum relative to Bitcoin has yet to truly explode in this market cycle.
Generally speaking, when Bitcoin reaches 100,000, according to previous patterns, even if Ethereum has been partially diverted by L2, the current price should be around 6000.
And now it’s only at 4000, so the future space will be vast.
Maybe in December, I could see Ethereum hitting a high of 5000, while Bitcoin might stand at 110,000.
CZ said, if you sold Bitcoin below 100,000, then now you should slap yourself.
Similarly, if someone sells Ethereum below 5000, please slap yourself.
The toughest time in the market this year was brought by the German government, which held 50,000 Bitcoins and started selling in June, clearing them out in July, creating a huge hole in the Bitcoin market.
Looking back now, it was truly a foolish move.
Germany may be the most classic laughingstock of the past two years.
2,
Countless people once shorted Bitcoin and Ethereum.
I believe this is a Ponzi scheme, playing a game of hot potato.
Duge once thought so too, until I studied the Bitcoin white paper seriously and reviewed a large amount of related information, I suddenly realized how shallow my understanding was.
Bitcoin has opened a new era of human social organization. Perhaps there will be confrontation with the current centralized world, but it will certainly tilt towards decentralization at some point in time.
The tide of the times rolls forward, and no one can stop it.
Those who maliciously shorted Bitcoin, especially authoritative media like the Financial Times, have been singing its downfall for ten consecutive years.
After Bitcoin breaks 100,000, it finally acknowledged the mistake, admitting it misled the audience, causing them to miss out on wealth opportunities.
Although Western media is controlled, and we like to mock them, have we ever thought about our own media?
They may be in a worse situation. The information we receive is that we are doing well, while the world is chaotic, with the only pure land being in the Tang Dynasty.
It's like the pot calling the kettle black; we are the less fortunate ones.
So let's not get too self-satisfied. An authoritative source like the Financial Times can apologize when they are wrong, but what about someone from the past who misled so many investors? Will they apologize?
No matter where you are, love the land beneath your feet, but also keep a clear head, or you'll truly become a fool.
3,
Will Bitcoin become more expensive in the future?
It will definitely be more expensive. Duge believes that Bitcoin breaking 100,000 is a milestone in acceleration, meaning that once it goes above 100,000, Bitcoin's price will accelerate again.
Perhaps in the next bull market, Bitcoin's price fluctuations won't just be a few thousand each day, but tens of thousands.
So Bitcoin will definitely become more expensive in the future.
As for how long our current bull market will last? There are three price points to closely monitor: one is 100,000, which we've already reached; another is 130,000, which may be where we start taking profits; and at 150,000, the profit-taking plan will fully unfold, with the sole goal of preserving profits.
Duge deeply knows how fierce this bull market will be when it arrives; otherwise, I wouldn't have continuously instilled faith in everyone during the toughest times.
Every word I once said in my articles was not just empty talk, but heartfelt truths.
If you believe in Duge, then you should be laughing out loud now; life choices are greater than effort.
Still the same advice, don't follow the emotions of the retail investors. When they panic, we must maintain our confidence and stick to buying the dips. When they go crazy, we should be fearful.
If you don't experience retail investors, you will lose money in the crypto world. This is an unchanging rule in any investment market.
4,
How will the market move next?
Two points are certain: one is that Bitcoin will completely stand above 100,000, and the other is that Ethereum will fully stand above 4000.
In the short term, there may be fluctuations in the market, but the two small targets for December are definitely achievable.
There might be a period of sideways oscillation, continuing to gain strength, aiming for a crazier bull market in the first quarter of 2025.
Many people are worried about a pullback.
There will inevitably be pullbacks in between, just like the spike we saw last night; many such occurrences may happen.
But regardless of how the market fluctuates, it is still too early to talk about taking profits; everyone just needs to wait for Duge's command in the circle.
In the short term, Duge still advises everyone to embrace value coins and buy them on dips; this bull market will surely reward you many times over.
It's the weekend again, and according to past patterns, there generally won't be significant market movements. Due to institutional funds resting, it might fluctuate downwards. If there’s a spike, please make sure to seize such opportunities.
Placing orders below in advance might be the best choice.
That's all for now; cherish the journey.
I am currently preparing to ambush a project that may surge in the short term; doubling is not an issue. Friends interested in spot trading but without direction can like and leave a comment with '111' for free sharing.
