$ETH has finally broken through the 3000 mark. Yesterday, there was a new follower who joined me in trading, holding a long position in ETH. I clearly told him that Ethereum would rebound next, and he can just hold onto the long position. Currently, it seems he's made a significant profit again. When the market is good, it's important to seize the opportunities and not mess around when the market is bad, while also not just sitting idle when the market is good.

Talk about the trend of $ETH

ETH is highly likely to become the leading altcoin. Looking at ETH's indicators and moving averages, I believe ETH's current trend is better than others. Previously, it couldn't compare to Bitcoin, but now it should be able to outperform it. At this point, there is a probability that this is the starting point of a long bull market for ETH, somewhat similar to the beginning of BTC in 2023.

I believe the indicators suggest a significant trend. ETH's moving average is very strong, and this type of moving average tends to increase significantly after an extreme compression and consolidation phase. Any subsequent declines or corrections will be good buying opportunities.

Most people in the market are lagging behind, and emotions and public opinion are often guided by price rather than true rationality. Currently, ETH itself, along with various sidechains based on ETH, are the true technological foundation supporting blockchain. This includes RWA and the recently popular stablecoins, all of which run on the ETH chain. By the time ETH reaches 4000+ 5000+, the lagging retail investors will realize the value of ETH because people can't earn money beyond their understanding.