At that time, when it was 3 dollars, the defendants said it was a security (at that time, uni was also a defendant), so it dropped to over 1 dollar, and then the market was adjusted to the current situation. Now liquidity staking has been excluded as a security, and Ethereum staking has also been allowed. LDO has the largest market share, and from a valuation perspective, it’s extremely unreasonable. Therefore, the largest position must be this, with a target of 10 dollars, a reasonable 5 dollars, and at least 3 dollars.
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At that time, when it was 3 dollars, the defendants said it was a security (at that time, uni was also a defendant), so it dropped to over 1 dollar, and then the market was adjusted to the current situation. Now liquidity staking has been excluded as a security, and Ethereum staking has also been allowed. LDO has the largest market share, and from a valuation perspective, it’s extremely unreasonable. Therefore, the largest position must be this, with a target of 10 dollars, a reasonable 5 dollars, and at least 3 dollars.