đŸ’„đŸ’„Price $ETH has dumped about 10% after my warning yesterday afternoon. (read the SHORT-TERM analysis in the attached article).

đŸ€”I know that many of you are angry with my reduced view on ETH. This is understandable because, maybe everyone is long margin, or holding spot from before and is suffering losses.

👉However, I want to emphasize that this is only a short-term view. In the long term, I have never lost faith in Ethereum, despite a series of other Layer1, Layer2 projects being born every month and labeling themselves as "ETH killer". 😅😅😅

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Regarding the statistics, the gas fee on the Ethereum system is currently very cheap. The reason may come from the gloom of the market; hot airdrop programs have temporarily subsided; competition from low-cost Layer2s like ARB, OP... Therefore, you can take advantage of this opportunity to buy NFTs, plow gamefi, do tasks to earn tokens with the expectation of price increases in the future.

👉Don't wait until the market is bustling, the gas fee on Ethereum is pumped up to a few dozen, a few hundred USD per transaction, then it's no longer your opportunity. 😉

đŸ’”IN SHORT, $ETH will be 8,600 USD when $BTC 100,000 USD, you guys try to work to earn DCA money. When I close the profit, I will have a post to celebrate with you guys later đŸ’ȘđŸ’Ș

#cafebit #Ethereum