Let's talk about the long-term outlook for ETH. Many people are becoming increasingly pessimistic about it, but I want to objectively express my opinion.

First, I want to state my viewpoint: ETH will definitely rise and will break through its historical high.

After the panic selling of ETH, it has never broken through the natural rebound high point. However, each time it approaches or reaches the bottom of the fluctuation range, there will quickly be a V-shaped reversal. There is only one situation: institutions are quietly accumulating at this price. This time has only passed two months, and there is a high probability that there will be a second and third time reaching the bottom of the fluctuation range. This will continue until the back-end CM completes the accumulation phase. This pattern can be referenced in LINK's daily chart. History may not be identical, but it will always be remarkably similar.