The big bull is coming, no doubt about it. When large capital floods into the BTC tank, the only overflow besides ETH is none other. The first priority for large capital is safety, stability, and high liquidity. ETH perfectly meets this requirement and fits like a glove.
Many people say ETH this isn't good, that isn't good. We don't deny it. But it can be confirmed that at least for now, it’s doing well, this cycle is doing well, and it can definitely be played in the short term. ETH is the best choice for large capital looking for safe-haven assets. Without a doubt, besides BTC, it is the only choice for large capital this round. Its decline is also possible. But not this season.
From a technical perspective, ETH has already completed a deep squat. There is strong buying power in the 3000 to 3100 range, with solid support and very ample volume. It can be confirmed that ETH will not break the 3000 price level in the short term.
The target for ETH this wave is at least 6000, before April next year. You just need to block out the noise and hold on to it.
When ETH was at 2900, I told my brothers to hold on firmly. At that time, there was a lot of noise from the outside. Even many KOLs were bearish; I said many people lack critical thinking. Chasing highs and selling lows is the root of retail investors losing money.
Now, ETH is at 3400, a few big bullish candles will change many people's views on the coin, how ridiculous is that? Those who dare not buy at low prices and chase highs are often the same group of people.
Additionally, recently, you just need to hold on firmly to surpass 99% of the retail investors, no doubt about it.
Many brothers have come to congratulate and thank me during this wave of ETH, but really, it’s nothing much. Just casually mentioning it; after all, I don’t like to see you lose money. That’s all.
Hurry up and make money, no need to thank me. Damn.
Holding is more important than anything else. No more to say 😄
