@equity_expert_1695 because Trump has been increasing his reserves in Ethereum for weeks and it is only a matter of time before he announces what he intends to do with them. Also, take a look at the Ethereum revenue for February and March in the past. Even if this alone does not justify that ETH has to continue like this in the future, the cycle is always relatively similar in the crypto market. Which is why I am optimistic and am increasing my Ethereum position as long as we remain below 2800 dollars
@thewolfofgetquin with more altcoin ETFs being approved, ETH loses its only advantage over them. I wouldn't fall in love with ETH if I were you. I have just under 15k in $ETH myself, but I will partially shift it to $3000-3500
@thewolfofgetquin I wouldn't commit to March either... Macroeconomic uncertainties, likelihood of QE and rate cuts have also been pushed back again with the rise in labor market data, which continues to look good
@Ph1l1pp would not hold it in the long term either, and unfortunately ETH's use case has been overtaken by the competition. In the short to medium term, however, I still see potential due to Trump's purchases and a possible crypto reserve in the US.