Many fans are asking if ETH can chase the rise? How high can it go? Today, I want to share my views!

When ETH dropped to $1300, we were all afraid to buy, saying it would fall below $1000, and the whole world was criticizing Vitalik. Then it rose from $1300 to $3600, and many brothers asked if they could still buy?

My suggestion is not to chase the rise, for three reasons:

(1) It has risen from $1300 to $3600, making a threefold profit from the bottom positions, which is a large profit-taking pressure.

As long as the whales buy a little, if liquidity is not strong enough, it will lead to a big drop.

(2) In January, a huge trapped position formed around $3600, especially near $4000, making it difficult to break through.

(3) The fundamentals of ETH have not shown significant improvement; ETH's speed has not increased, and the governance structure has not improved.

The market cap of SOL is only 1/4 of ETH, and there are further benefits ahead. It is more reasonable to hold some SOL than to chase ETH now.