One, why has ETH suddenly surged recently?
1. Institutions playing capital games:
- Companies like SharpLink are buying ETH at low prices first
- Then they frantically promote, 'We are going to buy billions of ETH'
- In reality, only a small amount was bought, but the market believed it and started following the trend
- After ETH rises in price, they use the appreciated ETH to borrow more money, continuing to inflate the bubble
2. ETF funds are entering the market:
- The Ethereum ETF has just been approved in the U.S.
- Recently, large funds have been flowing in every day (up to over 700 million USD in one day)
- Traditional institutions are starting to allocate ETH
3. Market sentiment changes:
- People who previously criticized ETH are now shouting 'Charge, charge, charge!'
- The amount of ETH in exchanges has decreased (everyone is hoarding and not selling)
Two, four real opportunities to buy ETH now
1. Institutions are genuinely buying with real money:
- Regardless of the motivation, large funds are indeed entering the market
- Listed companies have hoarded more than 700,000 ETH (worth over 20 billion)
2. Regulation is starting to clarify:
- The U.S. has passed some favorable bills for cryptocurrencies
- ETH is the only altcoin with an ETF like Bitcoin
3. Staking can make money:
- Keep ETH without selling, can earn 4-5% interest every year
- Large institutions are researching this play
4. The ecosystem is still developing:
- Stablecoins and DeFi applications are still running on ETH
- The new RWA (Real World Assets on the chain) concept also prioritizes ETH
Three, five major risks to be vigilant about
1. Capital games might collapse:
- Companies like SharpLink have a market value of only 3 billion but want to issue 5 billion more
- Once it can't be played anymore, it might crash directly and run away
- ETH may suddenly drop over 30%
2. Policies might change suddenly:
- The U.S. SEC has not fully allowed ETH staking yet
- If suddenly these companies are said to be violating regulations, the market will panic
3. Liquidity trap:
- The rise now is because everyone is hoarding and not selling
- Once everyone wants to sell, it might be impossible to sell at all
4. The upgrade might encounter problems:
- ETH is still undergoing technical upgrades
- In case of an upgrade failure, it will affect confidence
5. Falling together with U.S. stocks:
- Now ETH and U.S. stocks are increasingly similar in trend
- If the Federal Reserve doesn't lower interest rates in September, it might drop together
Four, advice for ordinary people's operations
1. Short-term players:
- Make moves between 3200-3500 USD
- If it rises too much, don't chase it. Set a stop loss (for example, sell if it drops below 3100)
2. Long-term holders:
- Hold core positions, can sell a little if it rises too much
- Keep some ETH to earn interest
3. Newbies take note:
- Never borrow money to trade cryptocurrencies!
- Play with at most 10% of spare cash
- Remember to withdraw part of the profits after rising, cashing in for safety
4. Everyone must remember:
- This rise is mainly driven by institutions playing capital games
- It's not that ETH suddenly became so powerful
- There might be sudden crashes at any time, don't be led by FOMO emotions
Five, should we buy now?
✅ Situations where buying is possible:
- You can withstand a drop of over 30%
- Plan to hold for at least over a year
- Only use spare cash, not affecting life
❌ Situations to avoid buying:
- Want to get rich overnight
- Borrow money or use living expenses
- Completely unaware of cryptocurrencies
The safest approach:
The current price is already not low, if you want to buy:
1. Buy a little first (for example, 20% of planned funds)
2. If it drops below 3000, then buy more
3. Start selling in batches when it reaches 4000
Remember: in the crypto world, living long is much more important than making quick money!
BTC
Maintain yesterday's thinking, narrow fluctuations within the range, pay attention to the trading positions in the chart!
ETH
A 'message on the dollar chain', liquidity was taken out at the 3673 high point. Observe if the H1 close at 12 o'clock closes above 3673. If so, the upper side will wait for the resistance range of 3748-3884! Otherwise, it is considered a predatory lure!
SOL
H1 oscillation upper liquidity has just been plundered, it's easy to see a market that sweeps liquidity up and down in the short term, still pay attention to the first touch buying opportunity at 171-168 below. Short-term pressure at 185-187!
