So far, ETH has declined over 80% from its all time high made back in November 2021. It has bounced considerably from that low point so far but the worst may not be over. To understand when it makes sense to start accumulating ETH you need to understand how price cycles work.

Prices go through cycles on an endless loop. Every cycle has both an advancing portion and a declining portion. Every cycle always begins with price advancing until it reaches a peak and begins to decline. Once price hits this peak, it begins the declining portion of the cycle. When the declining portion is over, the cycle ends and the next cycle begins and the endless loop continues. Once you understand how this works you realize that your goal is to identify where an asset is in its respective cycle and then use that information to decide the right time to start allocating capital. You want to start allocating as early in the advancing portion as possible.

When it comes to ETH in particular and crypto in general, it should be obvious we are in the declining phase of a longer term cycle. The key question is when the cycle will end which will be the perfect time to start a dollar cost averaging strategy. To be clear, this does not mean you will be able to “buy the bottom”. That is impossible to do consistently. What you CAN do, is identify the bottom AFTER the fact and then make your allocations from there. There is always a possibility that we form what turns out to be a short lived bottom and we continue lower. This is why I use stop losses to mitigate that risk.

I’m bullish on ETH for many reasons so this massive decline creates a huge opportunity. This will be a trillion dollar market cap asset by 2024 in my opinion and after this decline it’s hovering below $200 billion in total market cap. That represents some nice upside and I think there’s a way to capture it with risk greatly mitigated.

You can see from the table below there have been 6 previous instances where ETH declined more than 60% and it has rallied back from all those instances with stellar returns. It goes without saying days of getting a 5000% return in 9 months are probably over given the market cap but this could be a $10 trillion market cap asset by 2030

So far, ETH has declined over 80% from its all time high made back in November 2021. It has bounced considerably from that low point so far but the worst may not be over. To understand when it makes sense to start accumulating ETH you need to understand how price cycles work.

Prices go through cycles on an endless loop. Every cycle has both an advancing portion and a declining portion. Every cycle always begins with price advancing until it reaches a peak and begins to decline. Once price hits this peak, it begins the declining portion of the cycle. When the declining portion is over, the cycle ends and the next cycle begins and the endless loop continues. Once you understand how this works you realize that your goal is to identify where an asset is in its respective cycle and then use that information to decide the right time to start allocating capital. You want to start allocating as early in the advancing portion as possible.

When it comes to ETH in particular and crypto in general, it should be obvious we are in the declining phase of a longer term cycle. The key question is when the cycle will end which will be the perfect time to start a dollar cost averaging strategy. To be clear, this does not mean you will be able to “buy the bottom”. That is impossible to do consistently. What you CAN do, is identify the bottom AFTER the fact and then make your allocations from there. There is always a possibility that we form what turns out to be a short lived bottom and we continue lower. This is why I use stop losses to mitigate that risk.

I’m bullish on ETH for many reasons so this massive decline creates a huge opportunity. This will be a trillion dollar market cap asset by 2024 in my opinion and after this decline it’s hovering below $200 billion in total market cap. That represents some nice upside and I think there’s a way to capture it with risk greatly mitigated.

You can see from the table below there have been 6 previous instances where ETH declined more than 60% and it has rallied back from all those instances with stellar returns. It goes without saying days of getting a 5000% return in 9 months are probably over given the market cap but this could be a $10 trillion market cap asset by 2030