The big cake is sideways, and the cottage has dropped dramatically
ETH fell and then sideways. After reaching a high of 4000, it is now sideways at around 3650. The drop is only about 10%. The exchange rate of ETH/BTC is still being repaired during the oscillation. From the mid-term trend, the exchange rate of ETH/BTC is still optimistic. We still firmly believe that the exchange rate will reach 0.05 in Q1 of 2025, so the price of ETH will inevitably return to the previous high and reach a new high. Therefore, buying ETH during the callback is still cost-effective in the long run.
There is no need to say much about the big cake. No matter how the market spreads rumors, the big cake will be sideways before 10. Why? The big cake plate is already huge, and every rise requires more momentum. In particular, the leeks need the big cake to pull out a straight line, which requires BTC to further accumulate energy. Today, BTC's panic greed index has reached 74, which is still greedy and a very comfortable position. Just hold it.
How to choose for the players who like the Crazy Bull Cottage? For example, players who like ADA and XRP, is now a good time to buy? If you are DCA and continue to buy low, then this is the right time. If you are a value investor, then I can say that these two star altcoins will still have low points in the future. It may be more worth buying at that time.
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