The cost-effectiveness of buying ETH at this stage is much higher than BTC—— one ️⃣ Looking at the overall trend: ETH has not been fully released in this cycle and is still in the 'second half of the bull market without strength' stage. In addition to ETH ETFs, the current ETH fundamentals have improved (by destroying deflation+L2 ecosystem+restaking narrative+RWAs and other catalysts). two ️⃣ ETH is currently in a 'large cycle oscillation recovery period', Maintaining a fluctuating pattern of 1600-3200 boxes, the main funds have not yet formed a trend breakthrough, and whether they can break through will determine the medium-term trend and overall market situation; It is highly likely that it will not fall below 1600 unless there is an extreme black swan, but the upward trend may exceed 3000-3200, with an upward space of over 4000, making it cost-effective; three ️⃣ Box thinking is the main approach, with bands as a supplement. The best stage layout is in batches between 2200-2500 to avoid a one-time rush, control the risk of positions, and patiently wait for clear signals.