May 14, 2025

The main bullish wave of Ethereum is still strong. I sold nearly 10% of my position around 2500, thinking about buying back if it dipped below 2400. If not, I would move my buy limit to above 2400. However, after almost breaking below yesterday, it quickly bounced back, surpassing 2700 at its peak, just a step away from doubling from the low point. This shows that once the main bullish wave starts, it won't easily reverse. Even if it does, it would be a small pullback after an increase, let alone returning to the low point.

Looking at it now, I basically captured this bottom range. Missing a few hundred dollars in price difference seems normal to me. I earnestly tell everyone to buy good spot and hold on, firmly maintaining positions in the bottom range. This scene feels like just a few days ago, but the process must have been quite torturous, especially when prices continued to fall after buying at the bottom. Of course, the market rewards those who are patient, and now is the time to enjoy the upward process.

It is worth noting that while Ethereum has surpassed 2600, Bitcoin has not yet broken through its resistance level, not even the small resistance of 105000. To open up new space, it must effectively break through 110000. However, from the overall market trend, it can be seen that Ethereum's performance is stronger than Bitcoin's. I predict that there will still be a period of exchange rate rebound, and then we will focus on when Bitcoin breaks through 110000.

Currently, the overall market situation is good. Besides Ethereum, SOL and BNB are still firmly in the first tier, while the altcoin sector remains strong with the previous wave, mainly focused on MEME and AI concepts. This fully demonstrates that altcoins need main force participation to surge. Therefore, many of the old altcoins in everyone's hands may no longer have opportunities, especially given the rapid increase in the issuance of new coins. Focus on Bitcoin and Ethereum, and play well with mainstream tokens, without investing too much in altcoins.

Thank you for your attention and likes.