ETH drove some related altcoins to rise yesterday, briefly surging to 2798 points, slightly breaking the previous high of 2788. From the trend perspective, it can be said with relative certainty that after the extremely severe washout from February to April this year, ETH's big market finally shows signs of starting.
From a fundamental perspective, there are several key factors that are favorable for ETH recently. For example: the regulatory framework for stablecoins and the advancement of real-world assets (RWA) are essentially beneficial to the Ethereum ecosystem; on the other hand, the U.S. SEC's attitude towards ETH staking is slowly loosening, which also opens up imagination for ETH's long-term value. In the future, companies like Sbet may continue to increase their holdings of ETH. On the macro front, the Federal Reserve's interest rate cut cycle is still ongoing.
Investing is, in fact, like a condensed version of life. Many people know a lot of principles, such as risk control, trend following, greed, and fear, but not many can actually make money relying on these. Just like in life, we clearly know how to live better, yet often end up living in chaos. This is because people always doubt themselves, are disturbed by emotions, think too much but do too little, and are easily led by short-term temptations.
The market does not show mercy; it only rewards those who act according to the trend and adhere to principles, while it also punishes those who go against the rules without hesitation. The market conditions from February to April this year taught me a profound lesson, making me better understand the market and myself. The performance over the past month has been a positive feedback for my persistence.
What comforts me is that during the downturn, I actively reduced my risk exposure and preserved ample "bullets" so that I wouldn't be at a loss in case of unexpected situations. At the same time, I did not give up on my judgment of a bull market and made the necessary decisions at key points. Many people feel that making money in U.S. stocks and cryptocurrencies is easy, but when they actually enter the market, they find that they might just become part of the "harvested" group.
Looking back over these four months, everything seems to have gone smoothly, but making each decision at that time was not easy at all. The feeling of anxiety intertwined with persistence can only be understood by those who have experienced it firsthand. #以太坊生态回暖