The real bottom has already been ambushed two years ago; I've been holding onto the counterfeit for two years.
币尔盖茨1
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Altcoins are not far from the bottom!
Look at the current DOGE, if ETH slightly drops, for example to around 3300, although it's only a 10% drop, it could trigger a big panic. Why? Because too many people chased the price this time, and once the momentum shifts, everyone will panic and flee aimlessly.
However, behind this panic also lies an opportunity, which is that the chance to buy altcoins at the bottom is getting closer. Altcoins have clearly underperformed BTC already, and to really hit the bottom, they need to underperform ETH as well. I see the long-term bottom for ETH in the range of 2500-3000; as long as the price is below this range, ETH can still maintain a stable exchange rate relative to BTC.
Therefore, the key going forward will be to watch the exchange rate of altcoins against ETH. Once the exchange rate hits a low point, that will be our great opportunity to buy at the bottom, so don't miss out!
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