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Today is the 419th day since I started posting updates, and I haven't missed a single day. Each post is not done half-heartedly, but rather with serious preparation.
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Recent status? Just like the position—steady as a horse! ETH has firmly stood above 4000, and the trend is incredibly strong; I don’t think it’s exaggerated at all for it to push towards 5000 before November. This wave of Ethereum is truly steady yet fierce. Multiple divergences on the daily chart have not been able to stop it. Looking back in history, the last time we saw such a "divergence after divergence" situation was during the bull market of 2020-2021. Now, ETH is at a high point just below the historical peak of 4800, and the trend is very healthy. Where will the high point be? I won’t guess, 4800, 5200, 6400, 8800, 10000, it could rise anywhere.
The "doubling rule" of ETH
In the past 7 major increases, each time it doubled from the bottom. This round started at 2120, and according to the pattern, the top could be around 4240, with a 5%-10% fluctuation also being reasonable. However, the real hard resistance is at the historical high of 4800, and based on experience, there will be a decent pullback around this area — at that time, I will choose to clear out some.
Is Ethereum becoming the biggest variable in the crypto world this year? Ethereum is making an unusual surge, and altcoins are flying everywhere! The backers have fully ramped up their investments—are you still on the sidelines? What if you miss out this time?
There are two strategies:
1. Catch up on short-term gains: invest in small coins within the ETH ecosystem, such as PEPE, ENA, and pick them up during pullbacks.
2. Mixed learning and lying flat: wait for the panic market to enter, do not chase highs, and do not enter during extreme greed. This is the survival wisdom of seasoned investors; although you can't buy at the lowest or sell at the highest, it remains very stable over the years.
The trend of this wave of altcoins
In a bull market, don't fear the volatility; what you should fear is being slow or anxious. Remember two phrases: in the face of trends, predict less and follow more. Only act during panic; that is the true low buy. #BTC重返12万#