11.19 Is the Collapse of Ethereum Inevitable?
Once Bitcoin pulls back by 20%-30%, the entire market will be a sight to behold, and some still believe Ethereum can stand shoulder to shoulder with Bitcoin. In fact, anyone with a little critical thinking can understand the market dynamics, as there are fewer bullish positions on Bitcoin, hence the pump.
A pullback in Bitcoin is inevitable; there has never been a period of increase without a pullback. Therefore, this wave of Ethereum will collapse during Bitcoin's pullback. Retail investors never consider where Ethereum or other altcoins will go once Bitcoin pulls back by 20-30%.
Anyone who doubts our judgment is welcome to cite or share in the article below.
If you are still trying to bottom fish altcoins now, your assets will significantly devalue within 60 days, so tread carefully.