Monthly line high dead ❌, the monthly line of Bitcoin is also about to be high dead ❌, I don't believe it will bounce, I am still holding onto Ethereum at 3000 in terms of coin position, but seeing the monthly line really makes me anxious.
白沐心
--
Stop waiting for Ethereum to drop to 500! Most people are missing out on the next opportunity to get rich Recently, there have been voices in the market shouting that 'Ethereum will drop to 500, and Bitcoin will fall below 10,000.' This scene is reminiscent of the bear markets in 2020 and 2022. After shouting for a long time, even if it really drops to that price, no one has the courage to buy. This is just like the real estate market ten years ago. When housing prices were at 20,000, some said to wait until it drops to 5,000 to buy, but when it really hit 5,000, they thought to wait for 3,000. In the end, these people never grasped the true essence of investing; they are merely blindly following the crowd and going with the flow. Remember this investment rule: in the market, the ones who can really make money are always the minority. When prices rise, they shout that it will reach 100,000; once it drops, they cry for zero. They are not rationally analyzing the market, but purely venting their emotions. Is it really the end for Ethereum after dropping from 4800 to 1400? Don’t forget, in 2020, it was as low as 88 dollars, and then it astonishingly surged 50 times. That round of wealth opportunity favored those investors who could still discern trends amidst the crash. True blockchain-savvy investors view market downturns as a dry season; they know that if they endure this tough period, the rainy season will eventually come. Those who blindly follow the crowd will only sink deeper in panic. Currently, the 'crash theory' is rampant, but in reality, this is precisely a signal that the market is building a bottom. Looking back at the crash in March 2020, who could have predicted that just one year later, Ethereum would surge to a high of 4,000? Those who entered decisively at that time were the ones who truly understood the value of DeFi and smart contracts. Before you also shout 'I’ll buy when it drops to 500', why not ask yourself: How much do you know about POS and Layer 2 solutions? Are you clear about the actual impacts of the Cancun upgrade? Have you been paying attention to on-chain data and ecosystem developments? If your answers to these questions are 'not clear', then your current panic could very well become a great opportunity for others to position themselves against the trend. Bull markets are never achieved through mere shouting; rather, they are silently harvested through wisdom and courage after enduring the market's lowest point. Perhaps this current 'panic' is the starting point for you to unlock the door to future wealth.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.