Continuing from the previous post, having discussed the value of ETH, let's talk about why I believe ETH can break its all-time high.
Setting aside any technical or news-related factors,
based on human nature,
if you were the market maker,
and ETH dropped from 4200 to 1400 in half a year,
what would you do with the assets in your hands?
Would you want to pull it back up?
What does the Federal Reserve's rate cuts and all that chaos matter?
They can only affect short-term fluctuations.
In the long run, it's just a game of capital manipulation.
The drop of ETH from 4200 to 1400 is merely capital looking for cheap chips and a market washout.
Therefore, ETH will definitely return to a new high.
Capital will use all means to drive prices up and offload.
It's just a matter of these past two months.