Reasons I am optimistic about ETH (Updated May 2025)
1. The price has returned to the previous chip range
Already priced in the failure of POS Layer2 NFTs
2. The chips have squeezed out all participants since 2022
Future potential selling pressure will have limited impact on the market
3. The definition of altcoins and VC coins has fundamentally changed
The new 'order' still needs/depend on Ethereum to lead
4. ETFs and re-staking have opened a window for traditional capital to enter
This constitutes a channel for traditional capital to join
5. A considerable number of Ethereum believers have been washed out
This means an extremely large turnover has already been achieved, and washing out the current holders requires a hellish market, which currently does not constitute this condition
6. There are still a large number of developers attached to the EVM system; as long as the new order can lead, a large amount of development and products will quickly materialize
7. The Base chain will continue to provide blood flow to ETH
This is an important public chain for off-market capital to enter the market
8. Trump's WLFI @worldlibertyfi will attract more off-market users to focus on this ecological project, while the core of the project is still ETH
9. If stop-loss calculations are done well, trying to invest in ETH
The stop-loss point is at 1380, which is the recent low point, a very clear position
I believe it cannot fall any further
10. If ETH reverses, the long-awaited altcoin season may really come
11. Significant progress has been made on tariff issues; no new negative news has emerged, and the market can respond in time
12. Gold has shown 'safe-haven speculation'; Ethereum may also become a focal point for capital speculation