Ethereum, how many people have been trapped in this bull market?
Currently, ETH continues to fluctuate around 1,800, with weak liquidity and a risk of pulling back to 1,700.
Let's take a look at this year's mysterious operations of Ethereum:
From last December's upgrade announcement to now in May, the coin price has only been dragged lower.
Tomorrow (5.7) we will finally welcome the Prague upgrade, but ETH remains indifferent, even experiencing a crash in the morning, completely reacting to Bitcoin and the US stock market. This trend, to be honest—if it really rises in the future, it won't be due to its own strength, but pulled by the overall market.
Bitcoin has already broken through the previous high of 69,000, up 60%, while ETH hasn't even touched 4,900. Many people are waiting for a breakthrough, but the foundation itself sold off around 4,000, creating a false breakout. To put it bluntly, it's really disheartening.
Now let's take a look at the situation of other altcoins:
Pepe has multiplied by dozens in two years;
Sol invested 80 dollars last January and successfully escaped at 260 during the Trump coin wave.
This bull market has made money, but it has nothing to do with ETH.
In the future, I will choose BTC, Sol, and strong consensus memes like Pepe. Last time it was Doge and Shib, this time it's Pepe, and next time there will be a new 'Dog King'.
For us ordinary people, taking small risks for big rewards is the real opportunity.
