$ETH above the 2900 position has cleared all 7.8 million. From being scorned by everyone at the beginning to being embraced by everyone now, there has been a tremendous transformation. When the price dropped, I kept shouting that $ETH is a high cost-performance asset. Regardless of whether to buy contracts or not, holding the spot is essential. My average price for ETH is around 2200, and I buy more when the price drops; I am dollar-cost averaging.

Dragon II is still Dragon II; it just hasn’t had the opportunity to perform, including this time as well. After BTC broke through its previous high, too many people thought buying BTC had no room for growth and turned to buy ETH instead. The exchange rate skyrocketed, causing ETH to rise to the 2900 position.

Next, we will see if it can break through 2960-3020. If it breaks through, it will start a new phase of increase; otherwise, it will need to pull back and accumulate before rising again. I am still holding the spot.