JackYi-LD

Adjustment is about to end, $ETH is about to change direction, the underlying logic of the macro fundamentals is perfect, insisting on investing in the bull market trend, especially in the case where interest rates may be cut by 50 basis points, still setting 4100-4300 as the best bottom-fishing range.

Eric Trump asked me how ETH can reach 14,000 USD. I said it's because 6 billion people are on the financial blockchain and USD 1. The great age of exploration has just begun in the next decade.

Today at the HK New Fire Technology Summit, I discussed the logic behind the rise of ETH and its future trends.

$ETH rose from over 1400 to 4900, with a pullback to 2100 at 2800 before rising again, and a pullback to 3400 at 3800 before rising again. This time, it pulled back to 4100 and 4300 before reaching 4800, which should also be the best buying points. The bullish trend has not changed, but the short-term profit-taking is substantial, and it is indeed the moment for some people to cash in. The latest research report on $ETH from Trend Research is about to be released, featuring a brand new analysis of the underlying logic of ETH.

As we expected, after ETH broke its historical high, the next target is to reach a new high against BTC. The target for ETH is over 10,000. During the interest rate cut cycle, ETH has consistently outperformed BTC, while ushering in a rally for mainstream coins (including leading projects in the ETH ecosystem like ENA, AAVE, Pendle, UNI, as well as SOL, TON, LTC, etc.). Once again, do not short; add to your position during pullbacks. In a bull market trend, do not fixate on prices or fear highs, and avoid high leverage to prevent short-term pullbacks. Spend more effort exploring off-market income. #ETH创历史新高

In August, affected by the U.S. financial holidays, it has always been a trading off-season, and historically, cryptocurrency performance has not been good. Coupled with the upcoming speech from the hawkish Jerome Powell and the decline of U.S. stocks, ETH's performance has been outstanding, providing everyone with the best time and region for bottom-fishing. The time is getting closer to the potential 25 basis point rate cut in September. In the future, unless there are major issues with U.S. stocks, there will be trading opportunities in an upward bullish trend. Macro focus should be on U.S. stock risks, cryptocurrency policies, Trump vs. the Federal Reserve, and stablecoins. The industry is paying attention to the next ETF, the Defi bill, and coin-stock projects, etc.

The past decade has been the greatest opportunity for ordinary people in the crypto industry, and the next decade will be the same. Do not let short-term thinking mislead long-term trends. I come from a rural background, and my parents are both illiterate. After making my first bucket of gold through entrepreneurship, I invested in tech companies while also going all-in on the crypto circle. At that time, looking back in 2015, it all seemed unreliable, but now it proves to be correct (I also paid a huge tuition fee in investments/trading/management in between). However, only by maintaining a long-term bullish outlook can one achieve exponential growth and rewards.

Every pullback in a bull market trend is an opportunity to increase positions, and there is no need to worry about being trapped. However, be cautious of high leverage; an upward trend will not be a straight line. If BTC rises to 150,000, pulls back to 110,000, and then rises above 180,000, that is also a very normal upward trend. High-leverage players in between will become fuel, and it would be better to focus on laying out off-market income.

Sister is indeed a role model, consistent in words and actions, always striving, highly principled and brand-focused, dedicated to Binance and its users. I have communicated with Sister multiple times; although she knows I am inexperienced, she values anything beneficial to Binance. Sister and I both come from rural backgrounds, and she has inspired many ordinary people. As long as one works hard enough, perseveres, and stays focused, the world is vast and full of opportunities @Yi He