Currently, Bitcoin has created a new high of 99,600. Will Ethereum lead a group of altcoins to catch up and break above 4,800 or even 5,000 this month to create a new high?

At present, the performance of L2 represented by Ethereum has consistently been inferior to Bitcoin, which leads L1, the most obvious example being the recently revived Polkadot ecosystem (DOT).

This gives us a sense of an old steed in the stable, but we must not forget that crypto never speaks of longevity or morality. A good project, after continuous operation and maintenance, including iterations, will give rise to various new projects.

In the long term, Ethereum has the chance to break through 5,000 or even 6,000, which is a conclusion drawn based on good market performance. However, if a black swan or other major negative news suddenly appears along the way, it could directly impact the market.

Those who have not experienced the events of 519 and 312 have no idea what is going on; just one 805 can scare them to death. Therefore, in terms of spot trading, we need to consider a long-term cyclical strategy. In terms of futures contracts, we should try to make the right directional moves at appropriate opportunities.

We must not blindly open both long and short positions and incur various losses; this will only bring unnecessary disaster to our capital until it is completely exhausted, causing us to miss the so-called altcoin season.

In the short term, we still look for corrections. After the market finds its direction and rises, we can mindlessly buy on dips. Conversely, if the market rebounds, we should short. Remember, slow is fast. #以太坊时刻到来？