Some friends want to know my views on the market outlook. First of all, before the launch of ETFs, the market was not very good and there were particularly extreme 10,000-point market prices, which would fluctuate within a range. Moreover, retail investors need to celebrate Christmas, large companies need to settle accounts, and mines need to exchange for machine loans, etc. I am not professional, but the general idea All require funds to be cashed out. The end of the Christmas market is the key point for whether the ETF passes. If it does pass, it is very likely to hit the 0.618 high point of the last bull market, which is around 48,000.
Then there will be a sharp correction, the kind of 20% to 30%, and 40,000 is likely to touch again. If the support is broken, the 35,000-38,000 line may also touch the pin. Then because of the good news from the Cancun upgrade, the Ethereum ETF passed expectations. ETH will take over the big pie in the first quarter of next year, go through an independent market, and rush to 2800-3500. Only then will the l2 sector tokens I promoted earlier start to really take off.
But in my opinion, this should be the last time eth is super crazy. I will not hold any positions in any Ethereum-related tokens for the next big bull. Because after the adoption of ETF, the United States will definitely set up a banner, BTC will be unshakable, and eth Europe and the United States will not be able to achieve absolute position control. The upstart is probably sol, and it is also a token that sol has absolute control over in the European and American markets. The child is still a relative of my own family, so I am more optimistic that sol will replicate the miracle of eth's last bull market.
There is no shortage of black swans in this market. Recently, Putin has been on a roll, visiting the United Arab Emirates, Saudi Arabia, and Iran in three days, and will increase military spending so much next year. In my opinion, it is very likely that it is giving reassurance to Middle Eastern countries. Therefore, the Palestinian-Israeli conflict is not necessarily over. If there is a war, it is likely to bring another black swan to the currency circle. If the pin reaches 30,000, remember it is a pin. When the bad news is over, the currency circle will still rise sharply.
Half of my funds are currently in USDT to prepare for the big correction in the future. 1/4 is on the Year of the Dragon plate inscription dada, and 1/4 is on the l2 spot. I am a person who pursues certainty, and Cancun is deterministic, so I do l2. The Year of the Dragon is certain, so I buy dada. I think the inscriptions have no value, and I don’t know when they will eventually return to zero. The Spring Festival is a deterministic event with a date, which can give me a sense of security in the bubble.Good luck to everyone!
