This is the bottoming ability of the listing. Whether it is a big rise or a big fall, it is not a property of a healthy financial market. Only steady operation is the most beneficial property of the currency circle. From the daily chart, the trend of the entire Ethereum has hit more than 2700 since the new low of 2150. Every step has been very solid, and there has been no 21-year bull market, with a 7-800 point explosion in one day. So far, including the listing of Bitcoin, in the entire growth space, people have heard less and less about the entry of large capital and the inflow of large amounts of funds. The less this situation is, the more steady growth can be maintained, which can only mean that the currency market is being recognized by everyone. More and more capital will hide themselves and begin to intervene in the currency circle, and the example has already demonstrated the ability of the currency circle when Russia transferred state-owned capital. In Lao Cui's eyes, this is a high recognition of the currency circle. The currency circle has its own place in the financial market.

After talking about the entire long-term growth, let's take a look at the short-term risks. Lao Cui has mentioned the short-term risks many times in the previous article. As long as the amount of funds in October can catch up with the growth of the currency circle, the current focus is on where the capital that has fled from A will flow to. This is very critical. If it can flow to the currency circle, it will perfectly fill the problem of insufficient funds after the interest rate cut. Then there is the issue of the American election, who will win and what the future president thinks of the currency circle. Don't think that Trump's coming to power will definitely benefit the currency circle. Trump's speech and his ability to fulfill his promises after becoming president still need to be carefully considered by politicians. At this stage, we can consider the worst case scenario, that is, Trump says something unfavorable to the currency circle, or the amount of funds does not gather in the currency circle market. Even if these two worst cases occur, Ethereum will at most fall back to its original position. It will only become more and more difficult to completely break the 2000 mark in the future. There will be no water in 2000 Ethereum.