From 2350, Ethereum skyrocketed to 3050, approximately a seven hundred point range. I see some in the forum still shouting to chase the rise; everyone must be feeling a bit confused, with strategies and points flying everywhere, not knowing how to layout the next steps. Below, I will share my thoughts.
My opinion is not to chase, why?
The first time we caught the bottom of Ethereum around 2780, which currently seems to be at a lower point. Then at 2860, fearing that some who didn't get in would miss out, I immediately shared my thoughts to encourage chasing.
The second time I got in from 2860 to 2950, which was reached yesterday. I opened various indicators and saw that it is clearly going to rise further.
The third time I placed an order at 2890, missing it by 0.04. If I had gotten in, it would only be a profit of a little over a hundred points. Now Ethereum is already over three thousand.
My view is that it can touch three thousand two. I'm quite optimistic about this level, but why not chase? Because all along the way, no matter which operation you followed with Ethereum, you could basically reap over a hundred points. Those holding on have also made over two hundred points profit. It was a bit regrettable to not increase positions yesterday. Although I am optimistic about three thousand two, the risk of chasing has now exceeded the profit. I have always been a cautious KOL; the nature of contracts is to risk a little for a lot, and I wouldn't involve my family in such risks. If you have a position in Ethereum, you can hold; for those who haven't entered yet, I wouldn't recommend getting in. Place your orders for Bitcoin and SOL and enjoy the gains.
