When will $ETH rise up?
When Bitcoin starts with 4, Ethereum starts with 3
When Bitcoin starts with 6, Ethereum also starts with 3
Now Bitcoin is starting with 9, yet Ethereum still starts with 3
Sigh, will Ethereum really not be able to rise?
It was strong last round because both ICO and DeFi required a large amount of ETH, which is why it could go from the low of 80 in 2018 to nearly 5000 last round.
But what does it have this round? After finally getting an ETF, everyone rushed to Bitcoin, and with SOL lurking nearby, I’ve previously said that if I had to choose at least for now, I would choose SOL, just like I chose to buy the dip on SOL instead of ETH at 8.5.
So what should Ethereum do?
Let me share my personal view:
Although we currently don't see enough reasons for it to rise, there is still some expectation for Ethereum’s ETF to open staking in the future, which may not be high, but it is a great temptation for large institutions, and as the market continues to decline, Ethereum's staking will become more attractive.
Another option is to wait, wait for money to flow back into Ethereum, wait for it to catch up, but that’s all something for later. The main upward wave will likely be in the mid to late stages, but for those currently holding, the wait is quite torturous.
As for what to do now, we don’t necessarily have to be obsessed with it; at the moment, there are still plenty of options better than Ethereum this round.
Although Ethereum is struggling, the contracts are still quite appealing, and the Ethereum order I placed for Huijuan last night also yielded profits.
For more spot and contract strategies, leave a comment and we’ll share for free.
