The crux behind this is the influence of 'habitual thinking.' Over the past two years, the main force has gradually worn down retail investors' confidence in Ethereum through prolonged oscillations and repeated downturns. Bitcoin has risen from $15,000 to $120,000, while Ethereum often rises slightly and then falls back, especially with the big drop in April this year, which led many to conclude that it 'is no longer viable.' So, when Ethereum started to rebound from $1,400, most in the market had already lost hope in it, and any slight rise prompted a rush to sell. From $1,400 to $1,800, the pessimistic voices were continuous; from $1,800 to $2,800, there were still those shouting for a major drop, and ultimately, amidst all the doubts, Ethereum rose to $4,300.
The problem is that many people judge the market only by the present, even using past performance to deny the future—thinking that since Ethereum has not outperformed Bitcoin in the past, it inevitably will not in the future. It's like 'carving a boat to seek a sword,' always bound by historical anchor points. But the essence of investment is to focus on the future; those who can truly make money are often the ones who lay out their plans before others even notice.
In this round of market, some people are focused on the SOL ecosystem, missing the opportunity with Ethereum; while others stubbornly hold onto altcoins, watching Ethereum reach new highs, while their own coins are still hovering at last year's lows, leading them to start doubting whether they bought the wrong ones. Thus, they fall into new hesitation: should they sell their altcoins to buy Ethereum? They fear Ethereum will pull back, but also fear altcoins will crash alongside it.
In fact, the core issue is not whether 'altcoins are good or not,' but whether one can see where the next hotspot is. Before Ethereum took off, the market was full of doubts; many voices currently pessimistic about altcoins might also be trapped by habitual thinking. If one cannot break out of this way of thinking, opportunities will be missed time and time again—things that rise are always felt to be rising too slowly, while things that have not risen are always deemed too 'bad.'
Investment ultimately needs to solve two problems: first, understanding the rhythm of the market, and second, selecting the right potential sectors and coins. Now that Bitcoin has reached $120,000 and Ethereum has reached $4,300, the best time for low-position layout has passed. To pursue low risk and high return next, one must position themselves in advance for the next breakout point. Otherwise, when the valued coins truly start, they will only be able to watch from the sidelines!
