After four years, ETH has returned to the price of 4200, and this moment seems to have come too quickly, catching too many people off guard. In the past, when I had this feeling about the market, it was when BTC successfully broke and held above 73K, 10K, and 12K. I believe many frens have already seen unrealized gains, but this is just the beginning. The real explosive market has not yet arrived; the on-chain indicators are still very healthy, and it is still not the time for large Position exits.



A year after ETH was introduced through ETFs, whether from the technical highs and lows or the fundamentals experiencing technological upgrades, media pessimism, retail sell-offs, and institutional enthusiasm, the storyline is largely similar to that of BTC after its ETF launch. What has been missed is already missed; for those still on board, just hold above and take care. The final destination has not yet arrived. While it may not be a future of stars and the sea, the anticipated returns are likely to be secured.

If BTC is in a sideways period, and if ETH can successfully hold the 4000 range in the next few days, then the speed of breaking through the historical high will accelerate, and the price of 5000 should be seen soon. There may be high volatility during this period, as the market is pretty clear about its moves. As for how much profit can ultimately be made, it still depends on what assets you hold, whether you have any bullets left, how much knowledge you have, and how steady your mindset can be.

The market for ETH is warming up, which presents an opportunity for some mainstream altcoins. Based on past scenarios, the altcoins that may have the chance to apply for and pass ETF approval are likely to continue replicating this logic: suppressing coin prices, collecting chips, creating favorable conditions, and then driving up prices for profit-taking. Although the timing and cycles cannot be predicted, it is relatively easy to assess the potential for profits and the stability of earning opportunities. Smart players have basically laid their plans in advance, and it's not too late to target opportunities in the upcoming period; it all comes down to whether you can hold for a while and the question of how much you can earn.

For altcoins, there is essentially no such thing as value investing or long-term holding; the interaction of profits relies more on the market's enthusiasm and consensus. For most ordinary players, any asset they can access in the market, including BTC and ETH, is merely a temporary tool to help them make money, nothing more. If you want to invest in altcoins now, you must be prepared to bear high risks and high returns.

A fren asked if it is suitable to enter the market for ETH now? Such questions have no answer. If you are doing short-term trading to gain 3-5%, you can enter when it tests the support line. If you want to hold and wait for ETH to challenge its previous high, the risk is definitely greater, and the investment return is not high. I personally believe that when you have such thoughts, it is better to reflect more and deeply ask yourself why you didn't dare to enter when ETH dropped to around 2000? Understanding your inner psychological issues is more meaningful than relying on asking others if you can enter the market.

In mainstream altcoins like ETH, there will definitely come a situation in the future where most holders of the assets can achieve unrealized gains. Some people can make profits in just a few months after entering the market, while others may struggle to hold for years before making a small profit. The essence lies in the difference in investment thinking; there is no absolute right or wrong. As long as you can truly make money in your current account, you have already surpassed 80% of the players in this market.

With the gradual popularity of contract trading, every segment of the secondary market's spot market cannot be achieved overnight. The repeated fluctuations in the process can make you lose sight of your goals. Many people see the opportunity clearly, but their actual operational execution fails to meet expectations. This is actually related to each person's character and economic strength. Most players' fear of holding positions stems from the uncertainty of the market; they have no idea what stage the market is in, do not know the general direction of the market's movement, and only rely on feelings to enter positions, leverage up, go all in, and exit, only to be harshly taught by the market.

Looking back at the market trends over the past year, it is clear that opportunities were presented, but you have to stay alive to wait for them. Many people have gradually strayed off the path. At this moment, if you have acquired positions below 2000 and have a clear understanding of your Position decisions, the most important thing to do in the upcoming period is to silence all voices and prepare your exit plan in advance until your target is reached. Conversely, if not, then quickly take profits and exit when it’s good. For large positions in altcoins, I personally suggest giving up on the idea of high selling and low buying for short-term trading, as there is no "no success means death" mentality. It is indeed very difficult to achieve significant results with altcoin spot trading.

Recently, I have been unable to smoothly send posts. This time, I attached 9 images; how many can everyone see?
ETH-0.41%
BTC0.51%
View Original
post-image
post-image
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 25
  • Repost
  • Share
Comment
0/400
SuccessorOfWealthvip
· 6h ago
💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪
Reply0
FortuneFromAllDirectivip
· 10h ago
🐄🐄
Reply0
vip
· 12h ago
Steadfast HODL💎
View OriginalReply0
EternalWildernessvip
· 18h ago
Steadfast HODL💎
View OriginalReply0
6⃣6⃣6⃣vip
· 21h ago
Hurry up and enter a position! 🚗
View OriginalReply0
Goodvip
· 21h ago
Can only see 6 cards, the other three cannot be seen.
View OriginalReply0
View More
Kiritovip
· 21h ago
ETH is rising so fast, it feels like the second half is going to accelerate. The distance to 10,000 seems very far away, but it feels just within reach.
View OriginalReply0
View More
GululuFlyvip
· 21h ago
Boss, the new high of Ether around 5000 is a resistance level. If it breaks through, how much do you think you will see?
View OriginalReply0
View More
TinkerBell123vip
· 22h ago
Ask the boss, why has Ethereum risen so much, while alts haven't really risen. Ethereum has increased several times already.
View OriginalReply0
View More
TruthAllahvip
· 22h ago
Just go for it💪
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)