Ethereum and Bitcoin are continuously consolidating, Bitcoin hasn't dropped much, but altcoins have seen larger declines. At this time, various voices are emerging, expecting Ethereum to reach 2800, and when it hits 2400, everyone comes out. The Ethereum Foundation has also released news about selling; why are they talking so much about selling their own coin? They are flipping coins with one hand while buying more with the other.

Let me tell you a story about a certain educational institution in China. Due to national policy impacts, the stock price dropped from over 70 to just over 2. After a brief consolidation, it rose to over 10. At that point, the major shareholder announced a reduction in holdings, followed by a slight price adjustment. After some consolidation, it continued to rise, reaching over 100.

Did you understand this story?

The upward trend for Ethereum has a first target of 6500, a second target of 10,000, and a third target of 20,000. No hindsight predictions; today is December 23, 2024, at 8:22 AM, and the current price of Ethereum is 3270. No hindsight predictions, no hindsight predictions.