Ethereum has not yet seen a daily increase of 30% or 40% in this round, but once it starts to rise, the speed will be very fast. Just like Bitcoin, which rose from 60,000 to 100,000 in just a week, with some days even seeing an increase of 10,000 in a single day. The market makers of Bitcoin can drive such significant increases, so there is no need to worry about Ethereum not being able to rise.
However, it is necessary to wait for the market makers to accumulate enough low-priced tokens first. In the past few months, it was obvious that market makers were buying more Bitcoin tokens, while recently the inflow of ETFs into Ethereum has been increasing. Whether it is Bitcoin or Ethereum, both will rise, and Ethereum reaching 10,000 may just be the beginning. But during the upward process, when facing the previous high of 4800 and the current price doubling, it is necessary to reduce positions to prevent a spike situation from occurring.
