Behind the Big Pump in ETH Prices: Opportunities and Challenges in the Crypto Market from the Perspective of Seasoned Investors

Recently, the price of Ethereum (ETH) has risen over 70% in just over ten days, attracting widespread attention in the market. A seasoned investor who has been involved in the encryption industry since 2015 recently participated in an in-depth interview, sharing his views on the current market and predictions for future development trends.

This investor reflected on his career and mentioned several key milestones that had a profound impact on him: early participation in Bitcoin mining and purchasing ETH, experiencing the project investment boom of 2017, and the subsequent bear market lows and bull market rebounds. He emphasized that it was these ups and downs that truly helped him establish an understanding of market cycles and his current investment philosophy.

When it comes to predicting the future price of ETH, this investor is optimistic about its long-term development prospects. He believes that as a leading ecosystem for the entire financial infrastructure and encryption-native innovation, ETH still has huge growth potential. He expects that in this bull market, ETH is likely to reach a high of $10,000.

Regarding investment strategies, this expert suggests that investors should have enough patience to cope with market fluctuations. For users who have already invested, he recommends holding long-term until they believe the bull market has ended; for those who are observing, he suggests considering gradual buying or looking for other assets with growth potential.

In terms of risk management, he emphasized that no one can accurately grasp the best buying and selling timing. Investors should extend their investment horizon and set reasonable buying and selling prices. At the same time, he reminded investors that when looking for opportunities in the ETH ecosystem, professional investment research capabilities are necessary, as high returns are often accompanied by high risks.

Looking ahead to the next 5 to 10 years, this investor believes that the greatest value in the blockchain space lies in financial substitution and upgrading. Given the vast scale of the global financial market, he believes that ETH has more than ten times the growth potential as financial infrastructure.

Regarding the current market cycle, he believes we are in the beginning stage of a bull market. He pointed out that the characteristic of this cycle is that the strong will continue to be strong, and investors need to constantly update their knowledge and information, rather than simply relying on cyclical thinking for investment.

In terms of regulation, the expert stated that a more friendly encryption policy environment is gradually forming globally. He believes that the approval of cryptocurrency ETFs, the increase in public companies' investment in encryption assets, and the continuous listing of encryption enterprises will all have a positive impact on the industry.

Finally, he emphasized the significant changes in the blockchain and encryption currency industry in recent years. As encryption currency gradually integrates into the mainstream financial market, the cyclical nature of the industry is no longer so obvious, which is extremely beneficial for long-term development. At the same time, this also places higher demands on the professional level of investors. He believes that future opportunities will mainly focus on compliance, on-chain applications, IPOs, infrastructure construction, and artificial intelligence.