[cp]eth/btc
The currency downtrend remains bad,
That is to say, the downward trend here has indeed not stopped, but we should now see that at present, Ethereum is much stronger than the previous cycle.
Ethereum’s resilience and resistance to the sucking of blood from the pie have been significantly strengthened.
And here I have observed that some people continue to accumulate Ethereum to a certain extent.
And as Ethereum continues to decline, more retail investors begin to give up resistance, which makes the plate lighter.
Pie's inscription enhancement factor is also coming to an end.
After the end of the last cycle, Big Pie and Calf
Before the halving, Ether performed itself one last time
Then we can also look forward to it before this bull market
Go long eth/btc here, the downward loss is just the stop loss after breaking through new lows
On the upside, there is an expectation that the exchange rate of 0.065 will rebound before the halving.
At that time, there will be benefits from Cancun's upgrade, although it may also be disastrous.
Judging from the historical cycle, Ether did not fall below a new low at this time.
The strong position of the market in the early stages of the bull market comes from the influx of external funds after breaking through new highs.
This is because of factors such as the pump attracting attention,
There is no doubt that pie now has the widest popularity, so it has become the dominant driver of breaking the circle.
But we are not yet in the early stages of a true bull market, and Ether’s popularity is getting better. It can also attract outside capital.
Ultimately the Ethereum vision is a new financial infrastructure that is more difficult to realize, but also has more potential.
Well, these are my self-comforts for gambling. hh
Even with a high profit-loss ratio, it is not a losing situation.
If it breaks down, I will bear the pain and accept the loss, and then use more money to copy Ethereum/Copycat directly.
If you don't gamble, you won't win.
Justified by faith in the name of God. !
