Ethereum is fraught with danger! Over a trillion market value hangs by a thread, and the next second could be a river of blood!
On-chain data explosion: The market value of Ethereum is surprisingly concentrated around the current price, fragile enough to make one tremble with fear! The market value is about 123 billion USD, with nearly 40% of token cost prices within a 20% range around the current price—once the market slightly adjusts, a large amount of ETH may instantly turn into 'garbage', leading to unavoidable huge losses.
Although ETH has recently rebounded to around 2700 USD, whales have been frantically buying, absorbing about 1 million coins (worth 2.7 billion) in just a few weeks, this does not mean they are fully confident. The market value profit-loss ratio tells us that ETH's 'profit space' is extremely limited, and with the slightest disturbance, the retail investors should be ready to be cut! In this market storm, who can hold on until the end?