Bitcoin will hit a new high! Vitalik supports Ethereum, and Ethereum violently pulls up the market! The altcoin will rise a thousand times?
Ethereum is currently out of the downward channel, reaching the small resistance range of 3000-3200, and today it reached more than 3100. If the previous high point of 3200-3300 is broken and stabilized near 3250, it can directly rise to the 3600-3800 range. This round of subjective is that Ethereum will lead the altcoin.
Recently, Ethereum has begun to exert its strength. Although the trend is still much weaker than that of Bitcoin, it at least gives people hope. If the SEC approves the Ethereum spot ETF at the end of May, there is no doubt that ETH will usher in a wave of big increases, at least it will rebound to 3500 or even return to 4000. There are still two weeks left, and I hope it can be approved.
Sol daily double bottom bullish pattern, the mid-term adjustment is over, and a new round of daily rise begins. Sol's mid-term rise should be able to see 260-300! Sol ecological tokens are also worth our attention. Tokens like jto, jup, bome, myro, etc. are all worth planning.
Some people think that being bearish on ETH and bullish on SOL is the same as being bearish on ETH and bullish on SOL?
I have never been bearish on ETH in the long term. You see, I have expressed my long-term bullish view on ETH not long ago. However, compared with ETH, it is obvious that BTC and SOL are stronger than it. The running entry of incremental funds in the bull market is also a slow process, and the overflow of funds has always existed, from Bitcoin to Ethereum. So why has ETH still increased by 95% since October last year? ! We have heard a lot about how many billions of dollars have flowed into the Bitcoin ETF, but haven't we found out how many USDTs have been issued by the ERC20TRC20 chain? The tragedy is that most of the altcoins, after such a round of adjustments, where were they in October last year, and now they have basically fallen back. Looking at the altcoins this quarter, how many can outperform USDT? Not to mention those that outperform BTC...
The key is how many altcoins are there? According to cmc statistics, there are 2.4M+. Of course, you only need to look at the first 10 pages. There are only a few dozen with a market value of tens of millions of dollars that can outperform BTC... So, as long as you hold on to value coins such as BTC/ETH, it will be enough to outperform most blockchain projects. ETH follows the general trend of cryptocurrency, and it is just a little weaker than those stronger ones. It has its own cyclical climax window, perhaps after the third quarter of the second half of the year. Compared with most cottage industries, it is still a "good project" that mass retail investors can buy in the long term. After all, Vitalik is still young and has enough energy and motivation to continue to empower ETH.I suggest everyone to read Vitalik’s speech today. It doesn’t matter whether you understand the content or not. What’s important is that he is no longer silent.
From 2023 to May 2024, for a full year and a half, Vitalik has been working for the entire blockchain industry. He is thinking about the world. Until today, he chose this node, this price, and this environment to speak publicly, and announced a major breakthrough in eth technology. Those who understand will understand. Those who don’t understand are advised to look at the eth development roadmap from 2020 to 2021. There will definitely be an answer. Only capital can make Bitcoin take off, but only Ethereum can make the copycat take off tens of millions of times. The performance has officially begun, and the big show is ready. Whether to be an audience or a participant, let’s witness the 2024 of the currency circle together.
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