Why I think Ethereum will exceed 2000 USDT in February

Hello everyone, I am Carbon Xiaojing, an optimistic Caiyun miner.

At present, the main coins I mine are ETH and ZEC. I rationally analyzed from several angles that Ethereum currently has a trend of rebounding and will break through $2,000 in February. The reasons are as follows:

First: In the pre-sale on the website of the famous institution Grayscale a few days ago, the funds of BTC, LTC, BCH, XLM, ZEC, and ZEN were pre-sold first. However, neither XRP nor ETH was put on the shelves for pre-sale at the first time (XRP was not pre-sold because it was delisted), and the ETH fund GETH was opened for pre-sale last. This shows that Grayscale has already cultivated GETH as a key product, and pre-selling it alone is a bit like hunger marketing.

Second: From the perspective of long and short analysis, BTC, ETH, and LTC have consumed a large amount of profit-taking funds in the past two weeks, and have not plummeted to the bottom. The market has resisted the large number of Chinese people cashing out at the end of the year, and the cost of a large amount of funds entering the market has also settled in this range. In addition, ETH2.0 pledge has also reached a new high, including the decrease in on-chain transfers, which shows that the chips are not dispersed but more concentrated, so the chips are not distributed to retail investors but are more concentrated in the hands of large institutions, which is quite like passing the parcel.

Third: The current price of Ethereum has not reached the highest point in 2018, because the institutional bull market is different from the bull market in 2018. In the emotional bull market in 2018, the cryptocurrency circle did not have a complete financial means to stabilize the market value. The main players and platforms would use ICO or push up and dump the market to make money. When big funds entered in 2020, the contract, futures, and leverage system were already very mature. The model of making money by dumping spot goods is no longer the only way for big guys to make money. Contracts can be inserted up and down with high leverage, which can also make the platform earn a lot of money. Therefore, more financial peripherals are also the key to stabilizing the price of the service currency.

Fourth: In this bull market, in addition to the high participation of Chinese miners, there are actually not as many retail investors as in 2018, and the funds are not as large as in 2018. Don't worry, Americans don't celebrate the Chinese New Year, so don't worry about cashing out during the Chinese New Year to cut you. American leeks are not afraid of us, so we don't have to worry about it. (Of course, domestic copycat coins and platform stand-alone coins are excluded)