BTC and ETH may not necessarily rise and fall in the future The start of this bull market was in October 2023, the day BTC was released as an ETF. In March 2024, it broke through a new high, with a maximum washout of 33 points in the middle. Then in November, it broke through a new high again, with a washout of more than half a year in the middle It has always been said that if a coin wants to rise, it must be washed away. The fewer retail holders it has, the more it can rise. This principle can be applied to any coin. I have also been saying in the live broadcast that if the main holders of a coin are retail investors, then the coin has no way out and will only return to zero. There will be no second way to go, because retail investors have no way to form a pattern and no unified direction. Everyone wants to make money. Now that the coin rises, if you make money, if you don't go, what should you do if it falls? Returning to the topic of BTC and ETH, it is important for everyone to understand one thing: the reason why Big Cake has risen so much is entirely because its holders are mainly institutions and some remaining loyal users of Big Cake. My Big Cake has been bought and sold for millions of dollars, and every time I reach a new high in Big Cake for 25 years, I will sell some Big Cake. Anyway, I have no regrets selling Big Cake at this price. If you ask me to do it again, I will do the same! The trading volume of 43 coins is only over 5 million U, which has pushed up the market value of several trillion yuan by 0.2%. It can be seen that selling is in a scarce state. This situation is mainly due to institutions holding a large amount of BTC, corresponding to ETH. What I want to say here is that ETH is not lacking in selling at all. The cars of retail investors are too heavy, and there is no decent washing out of ETH. The depth of this washing out is only 23 points, which is not enough to wash away most retail investors. For capital, the fundamental purpose of investment is to make profits. The speculative heat on BTC is beginning to dissipate, so ETH naturally takes over the heat! If you are my fan and willing to learn from it, this post is worth watching repeatedly because all the analysis and judgment I made at the end of June have been realized BTC will not experience significant fluctuations in the future, while ETH is bound to experience super large fluctuations, which could range from 5000 to 3600 or even 3200 BTC has completed its capital layout, and it is currently impossible to determine whether ETH is a new capital layout target or a simple harvesting tool. If it is a new layout target, the future price of ETH will be 6000+ My view on ETH spot trading is that above 4600, you must clear more than 25% of your position. ETH may go to 6000 or even 10000, but it is definitely not this year. There is definitely a chance to buy at a low price this year. The ultimate reason is that there are too many retail investors in ETH. If there are too many retail investors, they must be washed away, and the retail price must be driven away in order to have a linear stretch. If they are not washed away near the price of 4000, institutions will take on the selling pressure of these retail investors at the high point. No one will give money out for no reason, unless it can bring it greater returns. We must understand the logic of the cryptocurrency circle, the blockchain, Ethereum, Bitcoin, BTC