For those looking to go long on mainstream $ETH , there are a few points to keep in mind:
In June 2022, Ethereum once fell to 900, then rebounded all the way to 2,000, dropped back to 1,100, and then surged to 4,000. There were no ETFs at the time. This time, it has pulled back from 2,800; I’m not sure whether history will repeat itself, but with ETFs in place, I think another sharp plunge is unlikely. So 2,335 is a suitable level to start building a long position. If it falls further, add at 2,270, with 2,190 as the absolute limit. [Mid-term long strategy]
In June 2022, Ethereum once fell to 900, then rebounded all the way to 2,000, dropped back to 1,100, and then surged to 4,000. There were no ETFs at the time. This time, it has pulled back from 2,800; I’m not sure whether history will repeat itself, but with ETFs in place, I think another sharp plunge is unlikely. So 2,335 is a suitable level to start building a long position. If it falls further, add at 2,270, with 2,190 as the absolute limit. [Mid-term long strategy]