The current vibe of the crypto market is good!

in H4LAB Research2 months ago (edited)

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Source: Binance exchange

It seems that the market sentiment is being recovered. Few weeks ago, I saw a person who mocked ETH(Ethereum), and he said that it will plummet below $1k.

I said that it would be difficult. Cause, ETH price has been consecutively bearish for the past 6 months. But, he continuosly focused on the short-term view. Stupid. I saw that kind of person in 2020.

Probably, most retail investors are going to sell ETH, when it crosses $4k 😮‍💨 Pathetic people.

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The crypto market indeed seems to be on an upward swing! It's interesting to look back at those who made hasty bearish calls on ETH. Just like you said, expecting it to plunge below $1k was shortsighted. The market has its ebbs and flows, and ETH has shown resilience despite previous bearish trends.

Looking at the current prices, BTC is holding strong around $103k, and ETH at $2,370.19 with a slight uptick. It just goes to show that patience and a long - term perspective are key in crypto investing. Those retail investors who might sell as soon as ETH hits $4k are really missing out on the potential long - term gains. We should stay calm, do our research, and ride the waves of this exciting market!