Simplified Analysis of Ethereum Market on February 21, 2025

Today, the price of Ethereum may continue to fluctuate at a high level and see some increases. It is expected that the pressure range it faces is between 2850 and 2950, which could be a phase high. After that, the price may drop significantly, forming a short-term bottom.

At this stage, our operational advice is: reduce positions when prices are high, rather than increasing them. Because the current situation is not the market's bottom, but rather in the process of surging towards the top. The formation of this top will not take long, possibly as soon as the end of February, and at the latest no more than the next 4 to 5 days.

At the same time, we need to be prepared with sufficient funds to wait for the opportunity to buy the dip after this significant drop. If we can successfully buy the dip, there may be a twofold return in the short term.

As for the altcoin season, it may not come quickly. I predict that the market bottom could appear in March or by the end of April, after which the market may oscillate around this bottom for about a month, and then gradually move away from the bottom, starting a crazy rally.

In 2025, we are likely to see an explosion of altcoins. Of course, there will also be many opportunities and coins that could yield huge returns in the market. I will continue to monitor market dynamics, update strategies in a timely manner, and share the latest market changes with everyone.

The above analysis represents personal views and is for reference only.