Brothers, $ETH the continued plunge is bad, the downside is that it has now broken through the upward channel, and this decline may last for 1-2 months!
I myself have gradually increased my position to 70%, and I will continue to add below 2000, old Bai is back to recharge faith!
Regarding the PoS mechanism
Many people say that after ETH transitions to PoS, it will repeat the anchorless and zeroing fate of PoS? I do not think so, here are a few points.
I think ETH is not just a coin that exists based on PoS narrative, but rather 'PoS + fee burning + real usage demand'!
The output of ETH through PoS is not cost-free; the real cost is: capital cost + opportunity cost + node operation cost!
The real demand is that ETH is the largest settlement network globally, and DeFi / stablecoins / L2 / RWA are its application layers!
The cost of capital is that ETH can be used as a settlement asset and collateral; if you participate in PoS without engaging in DeFi / without selling, it's all expenses!
BTC was halved in 2018 and 2022; this does not mean PoW is great!
Which should be dollar-cost averaged, BTC, ETH, or even $BNB $OKB?
Many people must be saying Bitcoin in unison, and many even say it can reach 500,000 USD!
I used to dollar-cost average BTC, but do you think BTC really reached 500,000 USD, while ETH $BNB $OKB are standing still?
I especially want to ask these people, how do you think the BTC you bought is real BTC? Did you buy it on an exchange? Or did you buy it on the Bitcoin chain?
There are 323,000 BTC on the ETH chain, 105,000 BTC on the BSC chain, and even the BTC you buy on exchanges is not entirely so; the essence is the same as the on-chain wBTC, which is custodial!
So mentioning your own BTC wallet address turns it into real BTC; the status of BTC as digital gold is undeniable!
And BTC really set a new high again; Ethereum's positioning is not just a public chain but a global settlement layer, a digital financial collateral asset, and an income-generating productive asset!
It's important to know that over 80% of on-chain stablecoin settlements occur within the Ethereum system, which BTC, SOL, and other L1 cannot achieve simultaneously.
I believe that in the crypto world, it's all about shared fortunes and shared losses. You can choose BTC, or you can choose ETH, as long as they are not those altcoins with no long-term value, even $BNB $OKB are fine!
I believe that in the crypto world, it's all about shared fortunes and shared losses. You can choose BTC, or you can choose ETH, as long as they are not those altcoins with no long-term value, even $BNB $OKB are fine!
What you need to do is to persist and hold on~ #BTC何时反弹？ #加密市场回调 #特币ETF净流入流出