For Ethereum, 2024 can be described as 'hitting rock bottom'. Faced with a plummeting coin price and increasingly fierce competition, there is an unexpected 'bottom-fisher' — the Trump family. Their counter-cyclical accumulation has sparked heated market discussions: Is Ethereum really failing? Why does the Trump family dare to gamble?

1. Has Ethereum 'flipped'?

In 2024, the cryptocurrency market environment is bleak, and Ethereum faces even more challenges:

  1. Impact of the Larger Environment: High inflation, soaring interest rates, and global geopolitical conflicts have led to a continuous shrinkage of market liquidity.

2. The Rise of Competitors:

  • Solana: Fast speed and low fees attract a large number of developers.

  • Polkadot: Leading in cross-chain technology, solving the multi-chain interoperability problem.

  • Cardano: Smart contracts are gradually maturing, showing strong performance in the DeFi space.

    3. Internal and External Troubles: Ethereum 2.0 upgrade issues persist, vulnerabilities frequently arise, leading to a decline in confidence among users and developers.

Under the weight of these factors, Ethereum's market share has been eroded, and the price of the coin continues to languish; the once 'big brother' is no longer glorious.

2. Why is the Trump family 'bottom-fishing' Ethereum?

Just as the market was filled with pessimism, the Trump family took action. Their project, World Liberty Financial (WLFI), invested $5 million to purchase 1,325 Ethereum coins, and they have been continually increasing their holdings. Behind this seemingly aggressive operation, there are actually traces to follow:

  1. Long-term value is promising

    As the 'pioneer' of blockchain, Ethereum has the most mature ecosystem and the largest developer community. Despite fierce competition, its underlying strength remains one of the strongest.


  2. Hedging Economic Risks

    With the global economic situation unclear, cryptocurrencies are gradually being seen as 'alternative safe-haven assets'. Bottom-fishing Ethereum not only diversifies risk but may also capture future gains.

  3. Seizing the DeFi and NFT Tracks

    As the most active areas of blockchain, DeFi and NFTs still rely on Ethereum's support. The Trump family may hope to enter the market at a low point, positioning themselves ahead of related ecosystems.

  4. Political and Capital Interaction


    The Trump family is well-versed in the interactive logic of politics and economics. Investing in Ethereum may not only be a financial maneuver but may also involve consolidating future political resources through blockchain technology.

3. Market Reaction: Optimism and Skepticism Coexist

The Trump family's 'bottom-fishing' action has sparked market divergence:

  • Supporters believe this reflects their recognition of Ethereum's long-term value. Some institutions have begun to reassess Ethereum's potential, even quietly following up with strategies.

  • Skeptics argue that this move is extremely risky, as the technical challenges and market pressures facing Ethereum are difficult to resolve, and the Trump family may have misjudged the trend.

4. Opportunities for Ethereum's 'Comeback'

Whether Ethereum can return to its peak depends on the following points:

  1. Successful Technical Upgrade: Ethereum 2.0 must resolve performance issues, enhance stability, and restore user confidence.

  2. Ecological Expansion: Continuing to consolidate its leading position in areas such as DeFi and NFTs.

  3. Responding to Competitive Pressure: In competition with rising stars like Solana, Ethereum needs to demonstrate unique advantages to regain market share.

  4. Improving Regulatory Environment: The global cryptocurrency market is still constrained by uncertain policies, and regulatory clarity is key to development.

5. Summary: Is the Trump family betting or strategizing?
The Trump family's actions appear to be 'going against the wind', but in reality, they resemble a high-risk 'strategic layout'. What they are targeting is not only Ethereum's current value but also potential technological breakthroughs and market recoveries in the future.

For ordinary investors, does this mean an opportunity for 'bottom-fishing'? The answer varies by individual. Ethereum’s current situation is still filled with uncertainty, but its profound technological foundation and strong ecosystem might create miracles in the future. Just like the Trump family's actions — seemingly bold, but perhaps a far-sighted bet.

$ETH is the darkness before dawn, or the afterglow at sunset? The answer is left to time.