$ETH Ethereum (ETH) hit its all-time high (ATH) of $4,891 in November 2021. Fast forward almost four years, and here we are—ETH struggling to even cross $2,000. The same story repeats itself with every cycle. Back then, the hype was “ETH to $10K soon!”, but today, those same voices are nowhere to be found.
I remember the frenzy when ETH dropped to $4K—influencers, traders, and so-called analysts were screaming “BUY THE DIP!” as if it was the opportunity of a lifetime. But here’s the truth: there is no guaranteed bottom in crypto, just like there is no guaranteed top. The market doesn’t care about hype, predictions, or dreams; it moves based on liquidity, institutional interest, and macroeconomic conditions.
The Illusion of Crypto Predictions
1. Market Manipulation Rules
• Every time the market pumps, retail investors are lured in with big promises.
• When the crash happens, the same people tell you, “Hodl, it will recover!” while they quietly cash out.
2. Hype vs. Reality
• 2017: ETH surged to $1,400, then collapsed to $80.
• 2021: ETH hit $4,891, now struggling to regain $2K.
• Where are the “experts” who guaranteed ETH at $10K?
3. The “Buy the Dip” Trap
• “Buying the dip” only works if there’s real demand.
• A dip can always turn into a free fall (think LUNA, FTT, etc.).
Hard Truth: Crypto Has No Bottom
Unlike traditional assets, cryptocurrencies don’t have a true floor price. If liquidity dries up, a token can go to zero. The biggest red flag is when big players cash out while the public is encouraged to keep buying.
So, the next time someone tells you “This is the bottom!”, ask yourself—are they buying, or just making noise? Don’t be fooled by the hype. Trade smart, take profits, and don’t believe in fairy tales.