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#鲍威尔讲话 Recently, something quite interesting happened in the market. Trump's son came out to talk about Ethereum, setting a target price directly in the range of $8500 to $10000. To be honest, this move is indeed a bit unexpected—whether he genuinely believes in the future of the crypto market or is just trying to ride the wave of attention is hard to say at this point.
Interestingly, the movements from the Federal Reserve are also worth noting. The market's expectation for a rate cut in December has risen to nearly 70%. What does a rate cut mean? Simply put, it means that market liquidity will significantly improve, and after the cost of funds decreases, this money has to find a place to go. Historical experience tells us that high-risk, high-return assets are often favored during such times, and cryptocurrencies naturally fall within this range.
The fundamentals of Ethereum itself are also changing. After the completion of the 2.0 upgrade, the network performance has improved significantly, and the number of ecological projects continues to grow. The technological improvements combined with the potential benefits of the macro environment have indeed created a synergistic effect.
The question is, how far can this wave of market movement go? Can it really break through the previous highs and start a new round of increase, or is it just a short-term speculation that will return to calm? There is a saying in the market: bull markets usually start quietly in the midst of pervasive pessimism and gradually unfold amidst skepticism.
Will Ethereum's movement this time validate this pattern? To be honest, it's still too early to draw conclusions. But it can be confirmed that the price performance in the coming weeks will provide more clues. What do you think about the sustainability of this market trend?
I believe Trump's son advocates, but what I trust is not the price, but their layout.
Liquidity entering the market will indeed push up risk assets, this is a hard rule.
Can Ethereum break the previous high? It depends on whether there is new capital entering, otherwise it's just a game of existing stock.
Question: Those who say the bull run has started, are they willing to bet their entire fortune on it?
Short-term bullish, long-term probabilistic, that's it.
Trump's son advocates for 8500 to 10000? Bro, don't get carried away by such talk; historically, not many who stood at high positions had good outcomes.
To put it bluntly, right now it's about betting on interest rate cuts, rather than betting on Ethereum itself. This risk should be factored in.
ETH 2.0 upgrade is indeed nice, but this has already been speculated once; how much potential is left for the current rise? Uncertain.
A bull run unfolds amid skepticism? Ha, I’ve seen more big dumps happening amidst applause, don't be confused by this kind of motivational talk.
Interest rate cuts = cheap funds everywhere, this wave of arbitrage opportunities is indeed worth looking forward to, but whether the gas fees will explode is still uncertain.
Liquidity Mining APY is about to soar again, but you need to think clearly whether it's profit or just being played for suckers.