ETH drove some related alts to rise yesterday, briefly surging to 2798 points, slightly breaking through the previous high of 2788. From the trend, it can be fairly confidently stated that after the extremely harsh Whipsaw from February to April this year, ETH's major market trend finally shows signs of starting.


From a fundamental perspective, several key factors have recently been favorable for ETH. For example, the regulatory framework for stablecoins and the advancement of real-world assets (RWA) are both essentially positive for the Ethereum ecosystem; on the other hand, the SEC's attitude towards ETH staking is slowly easing, which also opens up the imagination for ETH's long-term value. In the future, publicly listed companies like Sbet may continue to increase their holdings of ETH. On the macro front, the Federal Reserve's interest rate cut cycle is still ongoing.
Investing is actually like a condensed version of life. Many people know a lot of principles, such as risk control, trend following, and the concepts of greed and fear, but there are not many who can actually make money from these. Just like in life, we clearly know how to live better, yet we often end up living in chaos. This is because people always doubt themselves, get disturbed by emotions, overthink yet underact, and are easily led by short-term temptations.
The market does not show mercy; it only rewards those who go with the trend and adhere to principles, while it punishes those who go against the rules without hesitation. The market conditions from February to April this year taught me a profound lesson, allowing me to understand the market better and to know myself more. The performance over the past month can be seen as a positive feedback for my persistence.
What comforts me is that during the market downturn, I took the initiative to reduce my risk exposure and kept enough "bullets" so that I wouldn't be caught off guard in case of unexpected situations. At the same time, I did not give up on my judgment of a bull market and made the necessary decisions at key moments. Many people always think that making money in the U.S. stock market and cryptocurrencies is easy, but once they actually enter the market, they often find that they may just become part of the "harvested" group.
Looking back at these four months, everything seems to have gone smoothly, but every decision made at that time was not easy. The feeling of anxiety intertwined with perseverance is something that only those who have experienced it can understand.
ETH0.08%
RWA3.19%
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