I think the next bull market must focus on Ethereum.
In the current bear market, ETH has the potential to drop to around $1,000, which would be a very ideal bottom area. It has performed mediocrely in this bull market, partly because the previous round rose too sharply, overdrawn expectations, and also led to a general lack of confidence in it in the market now - but this collective bearishness is often the prelude to the next big rally.
If the bear market can really see $1,000 in ETH, then there is a high possibility that the next bull market will rise to $10,000, which is at least 10 times the space. Of course, investment depends not only on bulls and bears, but also on time. No one stipulates that ETH has to rise to 10,000, and even $5,200 has not yet stood firm. We don't have to get the next bull market, buying at a relatively low level, selling in batches at a high level, and achieving easy profits is the key.
Judging from the long-term starline expectations, ETH's future target may be between $17,000 and $19,000, but this is likely not a matter of this bull market. I prefer to gradually reduce my position on rallies in this cycle, and then lay out when it falls to prepare for the next cycle.
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I think the next bull market must focus on Ethereum.
In the current bear market, ETH has the potential to drop to around $1,000, which would be a very ideal bottom area. It has performed mediocrely in this bull market, partly because the previous round rose too sharply, overdrawn expectations, and also led to a general lack of confidence in it in the market now - but this collective bearishness is often the prelude to the next big rally.
If the bear market can really see $1,000 in ETH, then there is a high possibility that the next bull market will rise to $10,000, which is at least 10 times the space. Of course, investment depends not only on bulls and bears, but also on time. No one stipulates that ETH has to rise to 10,000, and even $5,200 has not yet stood firm. We don't have to get the next bull market, buying at a relatively low level, selling in batches at a high level, and achieving easy profits is the key.
Judging from the long-term starline expectations, ETH's future target may be between $17,000 and $19,000, but this is likely not a matter of this bull market. I prefer to gradually reduce my position on rallies in this cycle, and then lay out when it falls to prepare for the next cycle.