Attention all blockchain friends! Today I dug up some explosive news: Yuga Labs' Vice President of Blockchain Operations, 0xQuit, made a 'nuclear-level' prediction in a recent interview—ETH prices could plummet by 80% to the $200-$400 range! This move has directly set the market ablaze, and I scoured the internet overnight to verify it, discovering that it is indeed true.
Let's emphasize: this big shot has set a psychological bottom line of $1500, but he stresses that it's impossible to tell whether the bear market has just begun or already found its bottom. What's harsh is that he said if the bear market has just begun, ETH would have to drop another 80% from its current position, equivalent to being cut in half from its historical high! This prediction has stirred market emotions into a frenzy.
Interestingly, 0xQuit himself is actually bullish. He admits that although the market is currently gloomy, he firmly believes that BTC can hold its historical high. This contradictory action makes me call him an insider—he hands a knife to the bears while leaving himself an escape route. The best part is his final remark: "Brothers who can't hold on should run quickly, don't bet everything you have!" If you didn't know better, you'd think he was the leader of a scythe gang!
As an old veteran who has been in the blockchain space for three years, I want to say some hard truths: the market does feel like Schrödinger's cat thrown into a black box. Watching the DEFI locked value continue to decline and over 5 billion flowing out of exchanges, these numbers are no joke. But then again, every market crash is an opportunity for new funds to enter, especially when mainstream assets fall below key psychological price levels.
But be careful! The 'historical high price' that 0xQuit mentioned is not something to take lightly. When BTC last broke through $70,000, the level of market enthusiasm now is simply incomparable. The current trading volume is shrinking like a beach after the tide goes out, and even the whales are watching. Remember this: when everyone starts to panic sell, maybe dawn is really not far away.
Lastly, a piece of advice: don't get misled by expert predictions! The market always proves the majority wrong. What you hold in your hands right now, is it faith or a gamble? For those who can’t sleep tonight, why not open your wallet and check your holding costs—if you can't withstand even a 30% fluctuation, it's better to find a quiet place and have a cup of coffee. After all, in the crypto space, surviving is the hard truth!
This article does not constitute investment advice. The market has risks, and entering the market requires caution.
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