Let's talk about ETH! I bought ETH at the beginning of 2023, when the price was below 1000u. At that time, I wanted to play with the ETH chain. ETH happened to be cheap, not much more expensive than the peak BNB, so I simply exchanged dozens of them and have held them until now. When ETH broke through 4000u, I didn't sell any of them. Until now, Bitcoin has almost returned to its previous high, while ETH has fallen below 2500.
During this period, many people are bearish on ETH, and many even think that Ethereum is about to collapse. No matter which platform, as long as you criticize ETH, there will be a lot of traffic. But there are also many big guys who hold it silently, but everyone knows it but is unwilling to say it. I don’t care about other people’s ideas, today I will talk about my understanding.
1. Ethereum ETF — Coming!
First of all, the progress of Ethereum ETF has been promoted. As we all know, Bitcoin ETF has attracted widespread attention before it was officially launched. Once ETH ETF is approved, it will open the door to a large wave of new capital, which is "big money" that we can't usually touch. With ETF, traditional investors, retirement funds, and institutional funds can invest in ETH through legal and compliant channels. The potential significance of this matter is not small.
So, if you have ETH now, you might want to think about the benefits of holding it: the new capital inflows brought by the ETF will increase market demand, and the price may naturally rise as well.
2. “Change of dealer” signal should not be ignored
Recently, I heard about some big guys' actions, indicating that the main funds behind them may be "changing dealers". This means that the previous funds have cashed out and left, and a new batch of players with large funds are ready to re-position. This is usually a signal of changing dealers at the bottom to prepare for the next wave of growth. In more straightforward terms, big dealers cannot take over at high levels. They all re-enter the market at lower levels, so that when the next bull market comes, they will have enough profit space. So, if dealers are buying at low levels, do you know what this means?
3. The foundation lowered the price - possibly a strategic operation
Let's take a look at the actions of the Ethereum Foundation. They have a portion of ETH, and they have been deliberately suppressing the price recently. This is not because they are pessimistic, but more likely they are preparing for a new round of technology upgrades or market adjustments, with the goal of controlling the price and preventing it from soaring too early. In this way, some core projects and partners in the Ethereum ecosystem will have more time to adjust and attract new users and capital. When the price suppression period is over, the chance of a price rebound will be even stronger.
4. RWA - a bridge to real assets
Recently, there has been more and more discussion about RWA (real world assets). Simply put, RWA is to digitize traditional real assets (such as real estate, bonds, etc.) through the Ethereum network. The opportunities behind this are huge. If Ethereum really becomes a bridge for real assets, then its demand and ecology will usher in explosive growth. Wall Street is entering the market because of this - they know that RWA represents