HODL is dead.
My biggest mistake this cycle was blindly holding ETH.
Even when my No 1. bullish case for $ETH failed to materialize - super high yields on ETH thanks to Restaking
I love crypto and trading due to its brutal honesty: if you're right = profit, wrong = loss.
But I got complacent with $ETH as narratives shift fast:
- "Ultrasound money" & ETH's ESG edge... Gone.
- Restaking superyields didn't materialize.
- ETH modular vs SOL's monolithic narrative: SOL proved stronger at least short run.
I ignored changing realities, sticking to HODL instead of adapting.
This cycle was more difficult than the last and crypto moves too quickly for passive holds (maybe except BTC).
Profits now come from more active trading, not hoping assets rebound "someday."
$ETH terrible under-performance was a wake up call.
Thankfully rotating to $HYPE saved me.
Still, $ETH has a place in everyone's portfolio and EF is not complacent anymore.
But emerging "Stablecoin & RWAs" L1s with gas abstraction is another growing risk for ETH.
Happy $HYPE ATH for those who celebrate.

Twitter

HODL已死。
我这个周期最大的错误是盲目地持有ETH。
即使我对$ETH最看好的情况未能实现 - 由于重质押带来的超高收益
我热爱加密货币和交易，因为它的残酷诚实：如果你是对的 = 盈利，错了 = 亏损。
但我对$ETH变得自满，因为叙事变化很快：
- "超健全货币"和ETH的ESG优势... 消失了。
- 重质押超高收益没有实现。
- ETH模块化与SOL单一架构的叙事：SOL至少在短期内证明更强。
我忽视了变化的现实，坚持HODL而不是适应。
这个周期比上一个更加困难，加密货币变化太快，无法被动持有（也许除了BTC）。
现在的利润来自更主动的交易，而不是希望资产某天反弹。
$ETH糟糕的表现是一个警醒。
幸运的是，转向$HYPE救了我。
尽管如此，$ETH在每个人的投资组合中仍有一席之地，EF不再自满。
但新兴的"稳定币和实际资产"L1与gas抽象是ETH面临的另一个日益增长的风险。
对于庆祝的人来说，$HYPE历史高点快乐。

随着圣诞节临近，充满惊喜的一周也随之而来，加密市场希望充分利用这一机遇。投资者们预期上涨行情，尤其是一些加密货币……

2025 年圣诞节期间，3 种山寨币可能创下历史。

原创：Odaily 星球日报
作者：Azuma
龙头借贷协议 Aave 正在陷入舆论漩涡，团队和社区之间的对立情绪持续加剧，已客观上影响了持币用户对于 AAVE 代币本身的信心。
今日凌晨，除去项目方、协议合约、CEX 之外的 AAVE 第二大持仓巨鲸割肉清仓了 23 万枚 AAVE（价值约 3800 万美元)，致使 AAVE 短线下跌 12%。据悉，该“榜二大哥”所持有的 AAVE 系于去年年底...

榜二大哥割肉清仓，AAVE社区闹剧如何收场？

比特币 (BTC) 在 90,000 美元附近持续受阻，一位交易专家的见解表明，该资产可能会进一步回调至 37,000 美元区域。
在这种情况下，见解……

交易专家预测比特币何时会跌至38000美元

I expected 25% yield on ETH with restaking hahahahahah
This is what I wrote in my blog in Sept 2023.
Lol

我预计ETH的重新质押收益率为 25% 哈哈哈哈
这是我在 2023 年 9 月在博客中写的内容。
哈哈

And if you think BTC is the permanent HODL.... answer, what's the playbook for Bitcoin treasuries right now?
It feels like more struggling, publicly listed companies are rushing onto the BTC treasury bandwagon.
How will it play out? What will be the trigger to sell?
Do you think BTC will only go up as companies continue to stack BTC?
It's looking good for now but what goes up...

如果您认为BTC是永久的HODL......那么答案是，现在比特币国库的剧本是什么？
看起来，越来越多的陷入困境的上市公司正在纷纷加入BTC国库券的行列。
最终结果会如何？抛售的触发因素是什么？
您是否认为，随着公司继续囤积BTC， BTC只会上涨？
目前看起来不错，但接下来会发生什么呢？

This post sounds super bearish for $ETH but perhaps the most bearish period for ETH is behind us.
But it was a different vibe a few months ago when HYPE looked prime to go up.
The catalysts are stacking for ETH

这篇文章听起来对 $ETH 来说非常悲观，但也许ETH最悲观的时期已经过去了。
但几个月前，当 HYPE 看起来即将上涨时，气氛就有所不同。
ETH的催化剂正在不断涌现