I've arrived, today I'm going to fill in the pit I dug yesterday, and the analysis on ETH is here!

Everyone can check out the article I posted in late June, where I suggested that people buy the dip around 98000 and 125. I also mentioned that I manually bought the dip at 128, and at that time, my first target position was 158. It's gratifying that some users listened to me and achieved a 15x return on their investment! (You can check out the chart; it's quite interesting)

Today, let's briefly talk about the logic behind ETH;

Why is ETH starting to surge: The fundamental reason is certainly the market starting to speculate on interest rate cuts; secondly, recently, regarding the issuance of stablecoins, people are optimistic that more and larger stablecoins will be issued on the ETH chain based on its security, which means its future value is limitless; finally, the Ethereum Foundation has also started to take action, stating that they want to maximize (directly or indirectly) the number of people using Ethereum and improve Ethereum technology. Actually, I value their support for developers and project founders even more;

When will it rise: In a bull market, we don’t look for tops, and in a bear market, we don’t look for bottoms; in fact, most losses come from — (I think), for example, I feel that it has risen enough, I think it will stop here at most, I think a pullback is about to happen; (I think) is a very illogical, very emotional thing. As a trader, you cannot and should not have such emotions; let me mention a few resistance levels, and then we can judge where the top is based on the trend; 3170-3300-3430-3550. Basically, the probability of breaking through this large chunk in one go is too small, and currently, we do not see any signals of a top. Please do not (I think we have reached the top), be patient and wait. Follow me for large-scale top and bottom trading~