$ETH The cryptocurrency market is really ruthless. Here's a cold joke: Ethereum has only seen three months of gains this year, while the bull market has experienced nine months of declines within the year. This is still with the backing of Wall Street ETF funds; long-term holders must be feeling disheartened! This is the second time since 2018; as for other altcoins, let's not even mention them.

Based on the current price, if you started holding Ethereum in April 2021, four and a half years have passed, and you wouldn't have made a single cent holding your position long-term. If it were an institution, would they continue to invest long-term? This year's terrible market has really been a disaster for holding Ethereum and altcoins. The leaders of altcoins and the collective have fallen, with no liquidity, and it will be even harder next year.