Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Ethereum, is something going to happen?



Recently, there has been explosive news circulating in the community — a top overseas family fund directly purchased $500 million worth of Ether. It's not a gradual accumulation, but a one-time massive investment. Even more exaggerated is that their internal research report directly set a target price of "$8,000 in 38 days."

To be honest, when this number came out, my first reaction was: are these people crazy?

But upon closer thought, they dare to play like this, definitely not a decision made on a whim.

Let’s first talk about this $500 million operation. Being able to quickly absorb such a large amount of chips indicates two things: first, they are extremely optimistic about the future trend of Ether; second, the amount of Ether available in the market is indeed decreasing. You can check the balance data of Ether on major exchanges; it has been continuously declining for several months, and the fact that large holders are quietly accumulating chips is basically an open secret.

Looking over at V God.

He said something a while ago, the gist of which was "The changes coming next will shock everyone." Considering the timeline, what he was referring to is the Fusaka upgrade that is set to be implemented in December. This upgrade is not just a minor fix; it truly touches the fundamentals.

- The value capture mechanism of Ether will be stronger.
- The cost of L2 will further decrease.
- The concurrent processing capability of the entire ecosystem will be significantly enhanced.
- Most importantly, the position of ETH as the underlying asset on the chain will be further solidified.

What do these changes mean? They mean that ETH is no longer just a "token used to pay for Gas"; it will become the true value anchor of the entire Ethereum ecosystem.

So you see, the funding aspect + technical aspect + narrative aspect, all three lines point in one direction.

The community has exploded now.

Someone said: "The big players have all in, what am I afraid of with this little money?"
Someone said: "38 days countdown, won't get off until it's below 8000."
Some people have dug up the records of the last upgrade market, and that wave of operations allowed many to double their investments.

Of course, some people are still watching. After all, the figure of 8000 dollars does sound a bit fantastical. But looking back, those who sold at 3000 dollars are probably regretting it deeply now. Vitalik once said, "Don't let short-term fluctuations shake you out of your position," and it seems like a golden phrase now.

However, speaking of which, the market has never been a one-way street.

Top capital heavily invested, core upgrades confirmed to land, and market sentiment fully charged; such opportunities of triple resonance are indeed rare. But you must also understand that the claim of reaching 8000 in 38 days is essentially a goal, not a promise.

So the biggest question now is: how do you choose?

Should we wait to get 8000 or take profits early when it's good?
Is it a good opportunity to increase positions, or should we wait and see first?

Everyone's risk tolerance is different, but one thing is certain - the variables of this market trend are already on the table, and the rest is up to your own judgment.

The truth will be revealed in 38 days.
ETH-7.61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
failed_dev_successful_apevip
· 11-28 23:36
Large Investors All in, I just All in, anyway, I won't lose much. --- 8000 in 38 days? Sounds absurd, but I didn’t enter a position when it was at 3000. --- Is it true that Fusaka can move the fundamentals this time? Feels like another round of hype. --- The exchange has less and less ETH, which is indeed interesting, what are the Large Investors doing? --- Forget it, I won't look anymore, anyway, I don't have five hundred million dollars, just envious. --- That sentence from Vitalik Buterin is indeed amazing, I only now understand what being get whipsawed out of positions means. --- Wait, are these data reliable? It feels like the public opinion this time is a bit intense. --- If it hits 8000, I definitely have to run, otherwise, I’ll just wait to be trapped. --- Is Fusaka's upgrade really that intense? Why do I feel like not many people are talking about it? --- I bet five bucks that it won’t reach 8000 in 38 days, but I will still watch the market. --- Increase the position my ass, let’s wait and see, anyway, this thing won’t run away.
View OriginalReply0
HashBrowniesvip
· 11-27 08:45
500 million get dumped, this time it's really here Large Investors all in hit bottom, brothers who are still hesitating should wake up 38 days 8000, don't believe it, whatever, those who cut loss are regretting it Vitalik Buterin shows his hand, when Fusaka comes out, the truth is revealed This wave really doesn't feel as虚 as last time, funding + technology + narrative all align Those who are watching will get washed out, let's put it this way A bit scared, but also don't want to miss out...
View OriginalReply0
LiquidityLarryvip
· 11-27 08:43
Large Investors All in, I will also go all in, anyway I won't lose much. Is 8000 really true? I choose to believe Vitalik Buterin. If this upgrade can't pump up, I will laugh to death. Eating 500 million in one go, is this real or just another story being made up? I will hold firm below 8000, where's the promise? Looks like there's something, but it could also be another round of air speculation. I've never caught the doubling opportunity, I can't miss it this time. Alright, going all in is still too crazy, I will reduce my position for safety. Who believes this 38 days to 8000, just listening is enough. Waiting for the joke after 38 days, getting out of positions now is the smart move.
View OriginalReply0
NftMetaversePaintervip
· 11-27 08:36
actually, the algorithmic infrastructure underpinning this fusaka upgrade is where the *real* value proposition emerges... most people just see price targets, but the computational paradigm shift here is genuinely transformative
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)