Once again benefiting from shorting Ethereum, the contracts were opened but the profits are not as much as the options. The put options dropped over the weekend yesterday and made an 8x return.

Although I made a 13-fold profit on Ethereum just three days ago, it does not change my current definition of it as a trash zero-coin, definitely not a landmark for value investment. This wave of decline in U.S. stocks has peaked, and the Ethereum Foundation keeps selling. Even the child's mother doesn't want the child anymore, indicating that this child is really done for. In contrast, Solana remains very strong, which shows that its capital strength is relatively solid, and it is a variety with considerable development potential. Bitcoin's previous gains are far ahead, and the basic price is quickly returning to the high points from the beginning of the year, which provides a relatively good explanation for value investors. The profit-taking and selling pressure are also normal phenomena, at least it has held firm at 66,000 for quite a while, and there are still quite a few support positions below.

In contrast, Ethereum's high point at the beginning of the year was around 4,000, and now it is actually 2,500, which is really absurd. Apart from the favorable ETF that pulled it up slightly, no other good news seems to be able to lift it at all. As for the family's expectation of a rebound, it can only be a fantasy. If there is still a bull market, then Ethereum could become a discarded piece, unless it can return to value again; otherwise, it is just a lump. It's better to recognize and change the investment target early, considering some quality public chains like Solana, Sui, platform token BNB, and valuable variety BTC. That's enough.