How many people will buy the dip if ETH reaches 2000?
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K线人生飞哥
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Bought 100 ETH at the bottom, live trading directly
I still have faith in ETH. When BTC was over 20k, I looked at 150k, which seemed like a fantasy, far from reach, after all, it requires a 700% increase. Now, looking at it, we still have 50% to go.
ETH is now over 2400, and it still needs more than a 400% increase to reach 10k.
All of this is based on the end of 2025, and there is still a year left, plenty of time.
Looking at the bull market cycle of a year and a half, the first half is dominated by BTC, while the second half will see ETH lead a rally with altcoins.
Given this, dividing a year and a half in half means 9 months of time. Starting from the end of April this year when BTC halved, pushing forward 9 months lands us in February 2025.
At the end of January 2021, ETH broke the previous bull market high of 1400, and everyone knows what happened next.
Now we have arrived at this critical time point: before things change, everything is more or less the same. If in the next few months, ETH drops to 1500, that would be a significant change.
You can't say you still have confidence at 2100; when it rises from 2100 to 4100, and then drops back to 2800, the confidence is not as strong as it was at 2100.
The correct holding mentality must stem from a firm belief in a positive market ahead, rather than feeling pessimistic about the future market. Holding is due to unwillingness, naively believing it can still break even.
If you believe the bull market is over, then sell everything quickly; you won't recover any capital, so don't torment yourself.
I still have faith in ETH. When BTC was over 20k, I looked at 150k, which seemed like a fantasy, far from reach, after all, it requires a 700% increase. Now, looking at it, we still have 50% to go.
ETH is now over 2400, and it still needs more than a 400% increase to reach 10k.
All of this is based on the end of 2025, and there is still a year left, plenty of time.
Looking at the bull market cycle of a year and a half, the first half is dominated by BTC, while the second half will see ETH lead a rally with altcoins.
Given this, dividing a year and a half in half means 9 months of time. Starting from the end of April this year when BTC halved, pushing forward 9 months lands us in February 2025.
At the end of January 2021, ETH broke the previous bull market high of 1400, and everyone knows what happened next.
Now we have arrived at this critical time point: before things change, everything is more or less the same. If in the next few months, ETH drops to 1500, that would be a significant change.
You can't say you still have confidence at 2100; when it rises from 2100 to 4100, and then drops back to 2800, the confidence is not as strong as it was at 2100.
The correct holding mentality must stem from a firm belief in a positive market ahead, rather than feeling pessimistic about the future market. Holding is due to unwillingness, naively believing it can still break even.
If you believe the bull market is over, then sell everything quickly; you won't recover any capital, so don't torment yourself.
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