In this round of market, I am more optimistic about Ethereum. Ever since Ethereum hit a price of 4100 on December 16 last year, Bitcoin has broken through 100,000 Ethereum at progressively lower prices, giving a feeling of a bear market. In this new surge, Bitcoin is very likely to break through 110,000.
Ethereum's rise will be even more fierce, as Ethereum's weak trend for half a year has led most traders to choose a high short strategy, with people continuously placing shorts at resistance levels. Strong breakout - short squeeze - placing shorts - strong breakout - ... The top of this round for Ethereum is not very clear, and one can refer to the market in July 2024.