Ethereum's performance over the past six months has indeed not been great, but that doesn't mean it will continue to perform poorly. With the Prague upgrade next year, ETH and its ecosystem are sure to have a wave of performance. Moreover, its position as the second largest cryptocurrency is not something that can be easily replaced by anyone. In recent bull markets, EOS, XRP, and SOL have all claimed they would replace Ethereum, but so far, ETH's position remains rock solid. If large investors and retail investors don't know what to buy, they can consider accumulating ETH now.
As we get closer to the end of the Christmas holiday, the market will improve. After all, once the holidays are over, those who need to work will go back to work, and trading will continue. With the resumption of net inflows into ETFs, we can expect to continue on a one-sided bullish trend.
In January, we may see a big bullish candle, or possibly a big bearish candle. The beginning of January is definitely a love-hate situation for many. Still, the key takeaway is that what cryptocurrency you buy is not the most important thing; the timing of your entry and exit is the most crucial factor that determines your wealth!
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