Bitcoin is consolidating, Ethereum is starting to surge, and the bull market flavor is finally emerging.
Many people say this round has no altcoin season, but I think it's not that it hasn't come, just that the rhythm has changed. The simultaneous rise of altcoins is no longer visible, and currently, it's a rotational market in batches. Some have already risen, you just didn't catch up. Like XRP and ETH today, which are particularly strong. #XRP has risen nearly 18% since the recommendation at 2.8, and as a cryptocurrency with a market cap close to $200 billion, this wave is indeed resilient.
Is the E-guard's wave coming?
A few days ago, ETH was oscillating around 3000, and I was thinking it would slowly push to 3400. Who would have thought it would directly rush to 3500 after a night's sleep? This surge is a bit extreme! Honestly, with such a strong green candle pulling up, it's not that I'm bearish on Ethereum, but my rational side tells me to take some profits.
So who is driving this Ethereum surge?
Not retail investors, but institutions, those who are truly investing real money.
The original crypto OGs collectively choosing to sell at high positions already speaks volumes. And on the other side of the entry are ETF funds:
Can ETH break its ATH this time? Calmly speaking, it's unlikely.
Let me explain by looking at the cold situation on the ETH ecosystem chain.
- Gas remains low, with 1 Gwei level showing no signs of heat;
- On-chain interaction activity is insufficient, and the burning mechanism has not been effectively triggered;
- ETH's deflationary logic hasn't truly run through, and currently looks more like a temporary demand accumulation causing supply-demand imbalance.
综合来看，我不认为ETH现在有足够的基本面，仅凭场外就能突破4800的历史高点。
To be honest, this Ethereum surge has indeed sparked altcoin sentiment, but very few can outperform ETH. Everyone can check an article during the day, and you can pay attention to market highlights 👉Protagonist change? Ethereum surges directly to 3400, altcoins take off! What's next for SOL, SXT, WLFI?
Currently standout altcoin sectors include:
1、In DeFi, only CRV and CVX show some movement, others are still sleeping; 2、Meme remains strongest, #BONK rose over 70% in a week, already combining meme and platform attributes; 3、Other notable performers: #floki, #mew, $fartcoin, #cheems, $neiro, $popcat, with single-day gains near 20%. (👉"Crazy Dog Triple Jump"? What's the conspiracy behind FLOKI and BONK's surge! Can DOGE counterattack?) 4、In new blue-chip tokens, #ani has doubled, with FDV reaching 72 million; #valentine, $rudi following Musk's X ecosystem are also worth watching.
Let's look at SOL and PEPE recently
#SOL: Yesterday it was at 160, I was looking at 180, and today it's there. This supplementary surge rhythm isn't over yet;
#PEPE: As a meme sentiment indicator, its MACD is still in golden cross, and 0.133 isn't a strong resistance. Whether it can challenge the previous high of 0.16 depends on whether BTC can provide sentiment support.
My current strategy is simple:
#ETH can be sold at high positions, neither chasing nor holding, wait for pullback before re-entering.
Keep a close eye on ETF trends. With insufficient on-chain liquidity, I'm not betting on ETH breaking new highs in the short term. Now focus shifts to supplementary sectors and high-growth meme tokens, like PEPE, SOL, BONK, Sbet are all being watched.
During a crazy bull run, calmness is the trump card. It seems everyone is rising, but those who actually make money are always the minority. I'm not doubting ETH (I'm also an E-guard), I just believe the wind will stop, people will get scared, and hands must be steady.
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