At 3 AM, the tracking interface showed ETH plummeting from 2,800 to 2,400, and you watched your account's floating loss soar from 10% to 25%, your hand trembling over the keyboard for a long time, but in the end you clicked 'sell' — only to find that the next morning, Powell made a soft statement, and ETH bounced back to 2,700. Isn't this the daily routine in the crypto world, 'selling at the bottom and chasing at the peak'?
Today, let me share a heartfelt practical experience: the cryptocurrency world is never about who runs faster, but about who can endure longer. Those who can wait for ETH to reach 10,000, withstand the hawkish blows from the Federal Reserve, and dodge the 'ultimate drop', have always relied not on luck, but on the three words 'be patient'.
Step one of being patient: Don’t be manipulated by 'short-term narratives' into chasing highs and cutting losses.
Have you also fallen into the trap of 'narratives'? Recently, the anticipation for ETH ETFs was all the rage, and the community was filled with calls for 'breaking 4,000', you couldn’t help but jump in, only to find that when the news hit, 'good news had been priced in', directly getting trapped at 3,200; during the ETH 2.0 merge, it was even crazier, some borrowed money to chase, and it dropped 30% after the merge, crying as they cut their losses.
But what are the patient people doing? They are not rushing to follow the signals, but opening Dune Analytics to check the data: Are Arbitrum's daily active users really increasing? Is DeFi's TVL (locked money) genuinely rising? Are more people using Layer 2 gas fees? — These 'slow variables' are the true value of ETH, not the 'tomorrow's surge' that comes out of the community.
Last year, a friend of mine didn’t chase after the ETH 2.0 narrative at its craziest but instead waited for a pullback to 1,500. Watching the Layer 2 ecosystem continue to expand, he quietly added to his position. This year when ETH surged to 2,800, while others were panicking to take profits, he remained calm — because he knew that ETH reaching 10,000 does not rely on short-term emotions, but on these concrete applications supporting it. Now his account has nearly doubled in profit, while those who chased the highs are still on the road to recovery.
Step two of being patient: Only those who can endure the 'ultimate drop' deserve to buy at the bottom.
Do you remember the 'hawkish narrative' from the Federal Reserve? If Powell makes a tough statement, ETH may drop again, perhaps even below 2,000, at which point there will surely be large holders facing liquidation (like Huang Licheng's 140 million position facing near 10 million in losses). At such times, 90% of people panic: 'Is it going to crash? Hurry and sell!'
But those who are patient understand one truth: the 'bottom' in the cryptocurrency world is always endured, not guessed. Last year, when the Federal Reserve was at its most hawkish, BTC fell to 15,000 and ETH dropped to 880. At that time, the community was filled with cries of 'going to zero'. What happened later? Those who remained calm and didn't panic sold, eventually enjoyed the rise of BTC back to 40,000 and ETH back to 2,800.
I’ve seen the most ruthless practitioners; when ETH dropped to 900 last year, he didn’t panic and sell, but rather opened his wallet to check: the DeFi protocols he held were still generating normal yields, and although NFT floor prices had dropped, the community remained active — this showed that the ecosystem had not collapsed, it was just the market digesting emotions. He gradually added to his position three times, and after each purchase, he shut down the tracking software, went to work, and slept. This year when ETH rebounded to 2,700, he slowly took some profits, smiling and saying: 'Those who endure the crashes dare to wait for ETH to reach 10,000.'
Step three of being patient: Don't compare 'short-term prices' with 'long-term value'.
The most torturous thing is not the crash, but the paradox of 'value rising while price falls' — just like when ETH's Layer 2 TVL rose by 50% and DeFi users increased by 30%, but just because the Federal Reserve said 'no rate cuts for now', ETH directly fell by 15%. You see the ecosystem getting better, but your account turns greener, making you doubt: 'Am I seeing this wrong?'
At this time, those who are patient have already replaced the 'price K-line' with the 'ecosystem dashboard':
Don’t focus on whether ETH rose by 5% or fell by 8% today, but look at how many real users are making transactions on Arbitrum every day, not robots.
Don’t get tangled up in how much short-term losses there are, but look at whether the burning volume of ETH is increasing and if the deflation model is taking effect.
No matter what others say about 'surpassing BTC' or 'falling back to 2,000', see if Grayscale and institutions are still secretly buying ETH.
A veteran once told me: 'I held ETH for 3 years, experiencing drops from 4,800 to 880 and rises from 1,500 to 2,800 without ever being swayed by short-term prices. Because I know that ETH reaching 10,000 relies on real usage in the future Web3 and Metaverse, not the current K-line fluctuations.'
To sum it up: Those who win in the cryptocurrency world are always the ones who can endure.
Do you think those who profited from BTC rising from 10,000 to 110,000, and ETH from 100 to 4,800, always bought at the lowest and sold at the highest? Not at all. They merely remained calm and focused on value while others panicked and cut losses; they waited patiently for pullbacks while others chased highs; in times of hawkish signals from the Federal Reserve and market crashes, they endured until signals of easing appeared.
Now ETH is still wobbling around 2,500, some say it will fall to 2,000, while others shout it will break 3,000 soon. But the real practitioners have already switched the 'daily line' of their tracking software to 'weekly line' — they are not in a hurry to guess whether it will rise tomorrow, but are focused on: Is the Layer 2 ecosystem still expanding? Are institutions still buying? Has the overall direction of the Federal Reserve's interest rate cuts changed?
Those who don’t monitor the market at 3 AM, who are not scared by floating losses, and who patiently wait for the ETH ecosystem to realize its value, are the true winners who can wait for ETH to reach 10,000 and endure all fluctuations. After all, you need to know: cutting losses takes only a second, but making big money requires enduring for a long time.
