$ETH take off!
Let's talk about the upcoming market situation. From many data points, we are currently approaching the launch of the four-year cycle of the 【Altcoin Boom Season】.
At present, the main issue is the strong bearish pressure from $BTC , which has caused ETH and many altcoins to hesitate to launch. However, Trump has been trying to influence the Federal Reserve's decisions as much as possible lately, because the biggest project he is involved in, the 【WLFI】 token, is currently scheduled to launch on September 15.
In Trump's style, we either need to quickly start a bull market here or synchronize the launch of $WLFI when the market is in a FOMO phase around mid-September.
If this happens, then even if BTC doesn’t reach a new high, as long as it rebounds and returns to oscillate around 120,000, it will digest the adjustments, and both ETH and altcoins could potentially launch.
Alternatively, we might see a major rebound here, after which ETH and altcoins would adjust alongside BTC until BTC has fully adjusted before launching together. This could be a dark moment before dawn, and in any case, we should be able to see the results this week.
Therefore, this is also the reason why I've been consistently probing and increasing my long positions in ETH over the past few days, and why I advised everyone to buy the dip on altcoins a couple of days ago, because there is indeed a high probability of a sudden explosion here.
For your reference.