After a big dump, most people are exhausted and tired. Yesterday, the group was really crying and screaming, wishing for death. In the previous period, everyone was praising the bull market, but yesterday so many people cursed that the bull market is dead and they are getting liquidated, praying for good luck. Indeed, the house used Powell's words to slaughter the market. It was not originally bearish, but guided by the house's news, it was converted from long to short, and embellished. In the first half, it fell heavily on volume, and in the second half, it bottomed out and entered the market
Let's talk about the 2 main reasons why BTC, ETH, and their AltCoins will have to rise in early 2025. In the crypto circle where tenfold and hundredfold expectations are common, holding ETH is like missing out on half of the bull market. The continuous curses within the circle are endless, worried that continuing to hold on to it will bid farewell to the entire bull market. Does the second cryptocurrency still have a chance in this bull market, or can it still pump? First of all, as the king of altcoins and the king of public chains, ETH has a deep-rooted and thriving ecosystem that has long b
#2024 Gate.io 年度賬單 “In the world of trading, patience trumps haste. Focus on long-term gains, not short-term thrills. Keep a cool head, trust your research, and always have an exit strategy. The market is a teacher; learn from every trade, whether it’s a win or a loss.”
Speaking of the altcoin market: It didn't take long for Ethereum to return to its original form: The exchange rate of ETH/BTC has not rebounded in the past week and has fallen below 0.034. I checked and found that this is already the level of 2021. In the past bull market, this exchange rate would only rise. Looking at it this way, ETH has indeed fallen behind this year, which also indicates that the traditional meaning of altcoin bull market has not yet appeared. We can only say that the brothers who hold ETH and altcoins have worked hard. The leading altcoin, Ethereum, is not doing well, an