$ETH Auntie Second falls from grace, remember the last cycle,

2018-2021 bull market, when it was the booming year of Defi,
with far-reaching influence, severely affecting coin enthusiasts' future decisions!
$ETH At that time, Auntie Second and Big Pi took turns leading, guiding all the altcoins, reaching the moon (To the moon)
Auntie Second's bull market surged over 50 times, so many old-timers in the crypto circle expected her to create new glory again and achieve financial freedom, almost holding more than 60% of Auntie Second, missing out on the 2024-2025 bull market!
Ethereum ETH price remains sluggish, a result of multiple factors including internal ecology, external competition, institutional funds, and macro environment‌, the core reasons can be summarized as follows:
1. On-chain activity and revenue sharply decline
2. Technical upgrades cause unexpected value diversion
3. Internal ecology and fundamentals weaken
4. External competition diverts market share
5. Institutional confidence is shaken, internal and external troubles !!!
Current risks to watch out for
‌Short-term technical outlook remains bearish‌:
Currently, ETH has broken below the key support of $1600, if it breaks below $1400, it is likely to further probe the $1000-1100 range, with a possibility of continued downside in the short term;
Over the past week, more than $1.28 billion in long positions have been liquidated, market bullish confidence has been seriously damaged.
‌Macroeconomic environment still uncertain‌:
The market's expectation of the Fed cutting interest rates has been lowered from three cuts to one, a high-interest environment will continue to suppress risk asset valuations,
‌Ecological competition pressure persists‌:
New public chains are still diverting projects and funds from Ethereum, the actual effect of the core upgrade Glamsterdam hard fork still needs time to verify, and it is difficult to quickly reverse the downward trend in market share in the short term.
Suitable layout strategies for ordinary investors:$ETH
If you are a‌ long-term value investor‌:
You can adopt a phased dollar-cost averaging approach, building a partial position at current prices, and adding more if the price drops to the $1000-1200 range, to lower the average cost and hold long-term for the next cycle.
If you are a‌ short-term trader‌:
Currently, it is not recommended to rashly buy the dip and go long, patiently wait for the price to stabilize at $1700, and after the ETF fund outflow trend reverses, consider entering more safely.
#ETH🔥🔥🔥🔥🔥🔥
#ETH走势分析