Brother Long wants to talk about his views on the Ethereum market. I still have great expectations for Ethereum this year. Although it is very weak, looking back at the history of Ethereum, the rising cycle of each bull market is actually at the end of the second half.
I have said before that ETH is still relatively stable on the market, and then it pulled up yesterday, but the incident of bybit stealing Ethereum coins came out last night, which caused the price of the coin to fall again.
Brother Long analyzed that the purpose of such a negative event at such a time node is to prevent retail investors from daring to get on the train, or to continue to wash out the unsteady chips here, and such a large number of coins have been monitored. In the future, as long as there is a sign of movement in this magnitude of address, it is the time for Ethereum to fall. Think about the Mentougou incident. In the past few years, every important wash node was hyped by the Mentougou incident. In other words, this address will be of great help to ETH's future wash (Brother Long has a bit of conspiracy theory, but I have to think so).
So I think that in the anti-human market of the cryptocurrency circle, there is a negative impact on a large currency, which is an opportunity for us. Maybe this is the password. When everyone is optimistic about something, the emotions are up, and that is the end. You taste it, you taste it carefully!
It is just a bold guess by myself and does not constitute an investment advice. #山寨季來了? $ETH