Many people are talking about whether the second cake is a security. I have seen the specific facts. I searched and found that this is the evidence listed by Mr. Ni on X on January 31, 2024. The argument that the second cake cannot rise because it is a security is completely wrong! ​​​

Buy when no one cares, buy when the market is seriously divided.

Ethereum is being spurned and despised by many people. It is a hopeless case and a poor public chain. The ETH/BTC exchange rate has also fallen to the freezing point, and ETH has also brought down many altcoins. . .

However, if you look at Ethereum's trading volume, it is gradually shrinking to the ground, and the wedge structure is converging to the end. When market sentiment falls to the freezing point, it is often brewing a turning point in the market, and it is deployed at a low point.
$ETH