Understand the common dilemma faced by retail investors. In June, when Ethereum was at 2700, I mentioned that it might dip below the May 7th upper shadow line before the main force pushes it up. This statement caused panic in the market, resulting in bloodied chips being washed out, with some missing the opportunity and others cutting their losses. By July, Ethereum surged to 3800.
Later, when Ethereum reached 2250, the entire network was bearish, but I was the first to say that it would hit 12,000 USD by the end of the year, and the next month would see it directly back to 3800, with Bitcoin potentially reaching over 120,000 in July. At the end of July, someone mentioned Ethereum would correct, and I clearly pointed out: this is 'rising amid hesitation', and it clearly hasn't reached the volume yet. Moreover, on July 19, I explicitly stated that we are in the bull tail phase; the era of Bitcoin has already passed. The same statement holds now: in the short term, we are looking at 5000 to 7000, and the minimum target for this round of Ethereum is 12000!
Yesterday, many so-called 'daily line experts' told their fans that Ethereum would skyrocket, but they previously had their fans shorting it. When the wind changed, they shifted their stance; brothers, remember: these 'experts' can change at any moment, but I won't. My stance has been the same as before.
You just need to remember two things: First, even if Ethereum skyrockets, retail investors will still incur losses; the ratio of those making profits won't change. Second, the explosive power of altcoins is several times or even hundreds of times stronger than Ethereum, and they rise even faster! However, in this bull market, retail investors will still end up losing their way like before. Because the real mid-term players have already made their moves ahead of time.
At this moment, those who are bullish are just following the trend because they find Ethereum's price appealing; they are at most 'paper hands' and cannot become 'diamond hands'. The same logic applies to altcoins. The difference between people is not revealed in the short-term daily line battles but becomes clear in a major upward wave!
