Can ETH chase the rise? How high can it go @everyone
When ETH dropped to $1300, we were all too scared to buy
There were talks of it dropping below $1000, and the whole world was criticizing Vitalik
Many brothers asked if they could buy?
It's recommended not to chase the rise, for three reasons
(1) After rising from $1300 to $3600, the bottom holders made a 3x profit, too many profit-takers
As long as the whales buy a little, when liquidity is not strong enough, it will have to drop significantly
(2) In January, there was a huge number of trapped positions around $3600, making it difficult to break through
(3) There has been no significant improvement in ETH's fundamentals
ETH's speed has not improved, and its governance structure has not changed
SOL's market cap is only 1/4 of ETH's, and there are positive developments ahead
It's more reasonable to hold some SOL than to chase ETH now
