This past week I've been watching the trend of Ethereum (ETH), and I wanted to chat with you about it — from what I've observed, this wave is actually scary + scary + then a bit reliable, overall it's okay, as long as you want to hold long-term, you can actually be a bit more at ease.
Let's first talk about the "scary / strong fluctuations" part: ETH suddenly dropped from over 3000 to around 2800, which looked like "the market collapsed." I guess this is mainly not because ETH is really bad, but because a lot of people used leverage, and when it dropped, they were forcibly liquidated, resulting in a "chain reaction." Then funds were pulled back from the low point — so we feel the repeated fluctuations of "drop – pull up – drop again – pull up again," like a roller coaster.
But the 'reliable/stable' foundation hasn't really changed: what I'm focusing on is that the 'ETH that can be sold on exchanges' has decreased - in other words, there are not many people wanting to sell. This means that as long as there are buyers willing, the price won't be easily pushed too low. In the long run, this structure of 'reduced supply + users/institutions possibly gradually returning' is beneficial for ETH.
So my feeling is: the fluctuations this week are not a trend collapse, but rather 'oscillation + washout + clear differentiation'.
Short term: there will be more oscillations, possibly continued ups and downs - you need to be mentally prepared, don't be scared by the price.
Medium to long term: I still have a positive outlook, thinking that ETH is still going up - because its fundamentals (ecosystem, scarcity, recognition) haven't changed.
If you also plan to hold ETH long-term - I think this drop is actually an opportunity, it's a bit more stable than before. At least for slow-line players, it's not 'panic selling', but 'patiently waiting for returns'.#ETH走势分析 $ETH
