币姥爷
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May 10, 2025
Yesterday's surge, I don't know how many people are happy, because from the situation in various communities, the market sentiment accompanying this wave of increase feels very similar to the time when Bitcoin was on the rise last year. Therefore, I have reason to doubt that most people are not on the ride. If this is the case, then Ethereum has the opportunity to experience a one-sided rise, surging 20 points in a day, followed by a $200 correction yesterday, and today it has again surpassed $2400. Up to this point, the signs of the main force are very obvious.
"Ethereum is truly the king of altcoins," based on yesterday's market performance, I believe everyone has a deeper understanding of this statement. So what if Bitcoin rises so much? It not only failed to drive the market up but instead drained liquidity. The rise of Ethereum, apart from driving the DeFi foundational protocols to surge, has also led many altcoins to start rising. Therefore, whether you hold Ethereum or not, you should be happy about Ethereum's increase.
With the market reaching this point, operations become much simpler. I was previously fully invested in Ethereum at around $2000, and with the options cost and segment profits, my holding cost should be even lower. Therefore, if you have been continuously increasing your position, regardless of whether you are fully invested or not, you can operate with ease. The first option is to continue to acquire positions at different resistance levels for swing trading, the second is to hold firm, waiting for the market to begin FOMO, and for those who once criticized to start regretting, then you can unload your positions.
As Bitcoin has already broken through $100,000, and the resistance at the upper high is $110,000, there is still a chance for a direct breakout. Once Bitcoin breaks through, the market in the second half of the year will officially start. For Ethereum, there are different resistances above, the first being $2600, to see if it can conquer them one by one, which is still a long way to go. Regarding whether the market for the second half of the year has already started, to be objective, I am not completely confident, but the market always rises amidst skepticism, which is also one of the historical experiences.
Thank you for your attention and likes.
Yesterday's surge, I don't know how many people are happy, because from the situation in various communities, the market sentiment accompanying this wave of increase feels very similar to the time when Bitcoin was on the rise last year. Therefore, I have reason to doubt that most people are not on the ride. If this is the case, then Ethereum has the opportunity to experience a one-sided rise, surging 20 points in a day, followed by a $200 correction yesterday, and today it has again surpassed $2400. Up to this point, the signs of the main force are very obvious.
"Ethereum is truly the king of altcoins," based on yesterday's market performance, I believe everyone has a deeper understanding of this statement. So what if Bitcoin rises so much? It not only failed to drive the market up but instead drained liquidity. The rise of Ethereum, apart from driving the DeFi foundational protocols to surge, has also led many altcoins to start rising. Therefore, whether you hold Ethereum or not, you should be happy about Ethereum's increase.
With the market reaching this point, operations become much simpler. I was previously fully invested in Ethereum at around $2000, and with the options cost and segment profits, my holding cost should be even lower. Therefore, if you have been continuously increasing your position, regardless of whether you are fully invested or not, you can operate with ease. The first option is to continue to acquire positions at different resistance levels for swing trading, the second is to hold firm, waiting for the market to begin FOMO, and for those who once criticized to start regretting, then you can unload your positions.
As Bitcoin has already broken through $100,000, and the resistance at the upper high is $110,000, there is still a chance for a direct breakout. Once Bitcoin breaks through, the market in the second half of the year will officially start. For Ethereum, there are different resistances above, the first being $2600, to see if it can conquer them one by one, which is still a long way to go. Regarding whether the market for the second half of the year has already started, to be objective, I am not completely confident, but the market always rises amidst skepticism, which is also one of the historical experiences.
Thank you for your attention and likes.
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