Recently, many brothers still love to watch ETH related topics, so I will write about the reasons I am optimistic about Ethereum!
➤ 1385 is very likely to be the bottom of this cycle
🌟 The high point of this wave $ETH is 4107, and the low point is 1385, with a drop of up to 66%. The extreme drop in a bear market will not exceed 80%,
➤ Contrarian thinking, herd effect
🌟 The media is always criticizing Ethereum, and a large number of people are bearish. Retail investors are easily influenced by news! Bitcoin has broken through 100,000 several times, while Ethereum continues to decline!
➤ Large investors are increasing their holdings, staking scale is increasing
🌟 By 2025, the staking scale of Ethereum will exceed 45 million ETH, accounting for 35% of the total supply. Recent on-chain data shows that large addresses holding 10,000 ETH have increased their holdings by one million ETH!
➤ Sun Ge, Trump, WLF, and others heavily invested in ETH
🌟 WLF also holds LINK, AAVE, etc., which are basically all Ethereum-related, equivalent to going all-in on Ethereum! Could this be related to the later on-chain assets like government bonds and other RWA assets?