Ethereum breaks through $2200, is it still worth getting in now?
Recently, many fans have asked me:
"Why did Bitcoin and Ethereum suddenly surge?"
"Can we still chase Ethereum at $2200?"
In fact, this wave of market movement had been anticipated:
Ethereum's Cancun upgrade countdown
The Federal Reserve released dovish signals
The easing of China-U.S. trade relations
Do you remember when I repeatedly emphasized at $1700:
"Ethereum is just a bargain right now!"
Unfortunately, there were too few people willing to buy the dip back then...
Now that the market has reached $2200, many people are starting to hesitate:
"I'm afraid of being trapped if I chase high, but I'm scared of missing out if I don't chase"
In my opinion:
Long-term investors: $2200 is still an undervalued price
Short-term traders: Wait for a pullback to the support level of $2050-2100 to position
The most dangerous thing is: not daring to buy when it rises, not daring to buy the dip, and ultimately succumbing to FOMO at the peak
This wave began to position around $1800 and has now generated a profit of over $200,000
The key is not how much you earn, but are you willing to be greedy when others are fearful?
Daily focus: s, xst, kaito, sui,