Kay Capital
Kay Capital|Mar 13, 2025 03:34
It's not that I lack empathy for these big shots who have gone bankrupt and returned to poverty (indeed not many). To be honest, this round of leveraging to bet on ETH is really disrespectful to common sense. The reason has been mentioned multiple times since 2023. one ⃣ Lack of independent thinking, the long-term exchange rate remains high during the bear to bull process, with 0.05-0.085 corresponding to 30% -50% of Bitcoin's market value. If you allocate ETH with alpha, there's nothing else, just bet on flip BTC. We have discussed it for 23 years, and because the market value ratio is at a high level, even a simple elementary school arithmetic knows that it is impossible to allocate ETH in this round to achieve the goal of allocating leveraged BTC and achieving currency based growth. All the narratives in the previous round were in ETH, and there was no Flip. In this round, the fundamentals and the degree of BTC's circulation have always been one order of magnitude higher than ETH's. Do you think it may be challenging? two ⃣ Arrogant, whenever you chat with young people, look at what P young player is doing, see our clear logic since the end of 2023 that this round is SOL's home ground, and see the foundation selling 100ETH only to disgust your coins, you won't have such wishful thinking towards Gou Tai Fang. Money needs to go to places with a large number of young people who are about to become wealthy in order to hit the biggest blow, just like buying a house requires buying the urban-rural fringe instead of the declining aristocratic chain built-up area. - - - When the ETH ETF was launched, I was also tricked and began to fantasize about whether the BTC ETF would be replicated for another spring. But what I traded was only the traditional acceptance or rejection event, because I knew in my heart that it lacked fundamentals, so I quickly cut it off. Recognize reality, give up illusions, respect common sense, and respect fundamentals.
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