The news cannot influence the overall trend of cryptocurrency prices; it is merely a tool exploited by large funds, turning into a meat grinder of contracts and leverage.
Bitcoin has risen from over 15,000 to 100,800, that’s quite a multiplication, do the math yourself.
Ethereum has risen from a low of around 900 to 4,100, just a few times; Ethereum's growth will definitely surpass Bitcoin's, no need to doubt or question, refuse to be a hindsight expert.
Ethereum is the king of altcoins; in the last bull market, which old-school altcoins surpassed the performance of the previous bull market? It’s a select few. In this bull market, many altcoins have already completed their bullish run, and from now on, it will just be a correction, with prices getting lower and lower. The difficulty of operations is very high right now; at this time, when investing in altcoins, one must choose those with value that have not yet completed their bullish run in this cycle.
Ethereum's market seems weak, but in reality, it is strong; there is weakness within strength and strength within weakness, all intended to confuse you, pushing contracts and leverage.
Last time, it only dipped around 3,500 twice before starting to rise; once it broke through 4,100, it stopped pulling back and began correcting again. Today, it dropped to 3,800 and then halted. At this point, it could either rise directly or continue to fall, breaking below 3,500 and testing 3,250. The large funds now can easily change fortunes; it’s that impressive.
Hold onto your spot holdings, secure low-price chips, and sleep, sleep, sleep.