Since 2023, our view has not changed: the bull market has come, the bear market has passed, and friends who have been paying attention to me should know it

Do you feel that this round of bull market has nothing to do with Ethereum? It was originally one of the most optimistic sectors in the market, but Ethereum could not even lead the Cancun upgrade, opened high and closed low, and was criticized by the market. Now when mentioning Ethereum, many people will directly say: garbage coin

First of all, we must understand what the majority of people in the market define as a good or bad currency? Is it defined by how much value is generated, whether there is potential in the future, or whether the price rises and falls, and whether it satisfies personal greed?

Then let's take a simple look at the fundamentals. Is Ethereum really a garbage coin? Ethereum wants to be the world's supercomputer and build infrastructure for web3 decentralization. On this basis, a large number of subsequent applications and DAPPs will appear.

In terms of development, Ethereum has been constantly iterating itself, upgrading and breaking through.

The same is true for us. The industry is still in the early stages of development. Our own understanding of the industry must be constantly iterating. If we stick to our old ways, we will only be eliminated by the market.

Blockchain industry knowledge, the latest developments in currencies, breakthroughs, and cutting-edge consulting are all in May's circle. You will be the first to get the analysis, and you can study repeatedly. If you don’t understand, someone can answer your questions.

In addition, we need to look at the objective facts of the market. From the market,

The daily level is currently in an upward trend. On April 13, it hit the long-term upward trend line below, encountered support, and then closed a piercing stop.

On April 19, it hit the lower $2,800 again, but the short volume weakened and shrank, closing a "long-legged cross line" with a long lower shadow.

Although the bulls have not yet increased their volume, the power of the background trend is very strong at this stage. In other words, from the market, Ethereum has also "negative positive"

Then we combine the fundamentals, the technical aspects of the currency, and the technical aspects of the market, and we can probably draw a conclusion: Ethereum is not a bad junk coin

On the contrary, many people today may ignore Ethereum, and it will not be long before they can no longer afford it#Meme #大盘走势 #WIF $ETH $SOL