Will Ethereum break its previous high? Trump's 'divine operation' backfires, institutions are crazily cashing out!
Anyone who played Ethereum in 2021 knows that the market back then was much more intense than now, with the number of retail investors almost double that of today. At that time, institutions were constantly shouting to increase their holdings in Ethereum, and retail investors followed suit, buying in frantically. There were widespread rumors that going long on Ethereum was like picking up money for free, and some even shouted that it would surge to $8000 or $10000. But what was the result? Institutions led the way in dumping their holdings, and retail investors, seeing the situation, followed suit and sold off, leaving countless people trapped at the high of $4800.
Now, compared to the market of 2021, the current situation is far from it. What reason is there to believe that Ethereum can break through its previous high? Just because of Trump? The tokens he created have plummeted tenfold; what good intentions does he have in the crypto space? Isn't he just here to cash out on retail investors? Those institutions are not doing charity; companies like BlackRock, are they really here to help everyone lift prices and sell off for profits? Don't dream; they are just here to cash out on retail investors!
Now that the market has completed its correction, the altcoin bull market will soon start. I have carefully selected a cryptocurrency for everyone, with an expected upside of over ten times being no problem, leave a comment + like, and I will share it for free!
