When BTC is another 100,000, let's review the ETH/BTC exchange rate of 0.019. At the last offline gathering, I chatted with some friends, why do I still have ETH in my hand? Summarizing a few commonalities: *Basically, they entered Crypto in the last cycle * Still fantasizing about a copycat bull market * Not very good at stop loss *I didn't participate much in the SOL ecosystem this cycle ————————————————————— Let's talk about them one by one: 1. When you enter Crypto in the last cycle, you will think that ETH and BTC are one type of coin, and the other currency is Altcoin. When buying in a bear market and a bull market, they all expect ETH to rise more than BTC, expecting BTC to be 100,000 U and ETH to 10,000 U. 2. It is also because the liquidity in the last cycle was too sufficient, and all the currencies rose, so they are still fantasizing about copycat cattle. But in this cycle, BTC ETFs have made a lot of Crypto liquidity go to U.S. stocks, and there has been no interest rate cut, which is completely different from the market situation in the previous cycle. 3. Because there will be no stop loss, I can only watch the exchange rate of ETH/BTC fall from 0.08 to 0.019 today. 4. In fact, there have been copycat cattle for a long time, and that is SOL's MEME. MEME has risen generally, animal/political/AI infrastructure, etc., all categories have risen a lot, and I am still thinking about the rise of old coins without narrative and income, which is a disease. Last cycle, all the narrative revolved around ETH, Defi Summer/NFT. But the narrative of this cycle is that it happens on SOL, and without participation, there is naturally no way to sell ETH for SOL. There are also some friends who judge that the bull market has not yet peaked according to the old top-out indicators in the past, and they have not sold any ETH positions. ETH just hasn't kept up with the times, and if your thinking is solidified, it will be the same as ETH. At this time, it is time to sacrifice the classic picture of the night cat teacher: "ETH is worthless in the long run." (does not represent my opinion 🐶🐶)