Ethereum has experienced a 23-day phase adjustment, remaining relatively stable overall with no significant decline. Altcoins have seen a considerable pullback, reaching 30%-50%, making them suitable for high sell-low buy swing trading. Since May, we have built positions twice and liquidated twice, and we are currently in a cash position, planning to gradually start rebuilding positions soon.
Focusing on Ethereum's three major strategic priorities, we will pay attention to L2 and Rollup scaling solutions, modularization, and the staking sector, while also considering the popular AI field this year.
The altcoin market has undergone four years of bearish sentiment, leading to a scarcity of holders; patience and perseverance remain key. In May, a golden cross appeared in altcoins, accompanied by Ethereum's strong return, with Swap projects like UNI, BAKE, and COW showing strong performance, and they can be held for the time being.
