Profit taking? ETH has reached $4200, and many friends have asked me if I have reduced my position. I also checked Twitter and many friends have taken profits. Congratulations to those who have made money. I haven't sold a single one because for me, there are only three things I believe in: 1. Will there be systemic risks or the possibility of a large-scale callback? At present, it is said that there should be no opposition from Trump trading partners. What Trump needs to do is to increase its support rate. The rise of the stock market is also a part of improving its support rate. So Trump often says that many assets have been continuously breaking new highs since he took office. If there is no systemic risk, follow the policies of Trump and the United States. Trump said that if he wants to develop AI, he should invest in AI. If he wants to build a strong cryptocurrency country, he should invest in BTC. Even when the policy is tilted towards cryptocurrency, it may not be wrong to follow the policy. The current ETH is very similar to BTC in March 2024 in terms of structure and funding, especially since my bet is not on Ethereum itself, but on BlackRock and on chain brokers. ETH is currently the most Turing complete and decentralized public chain. If I want to sell, what will be the proceeds from the sale? I can't find a better investment product. Many friends say they can buy it back when BTC or ETH rebounds. That's right, but if I start entering the short-term trading network, what kind of price should I buy it back at? What if the price continues to rise instead of reaching it. Unless there is no systemic risk, unless I have better investment targets and the money I sell has clear products that can be invested in, then I may consider it. However, at present, I clearly feel that the funds are tilting towards BTC and ETH, so why should I sell. 3. Are there any positive expectations in the short, medium, and long term? The most likely short-term positive is the staking of ETH spot ETFs, which has cleared all obstacles in terms of policy. The remaining issue is time. Although the advantages of staking are not very important so far, this is the first compliant cryptocurrency with annualized returns. Essentially, it is the same as Bitcoin mining, both aim to earn APY. Especially for institutions and high net worth investors, the interest on asset safety is even more important. The mid-term expectation is for the flourishing of RWA. Although there are already many applications of RWA and RWAFi, there is still no one who can actually change the cryptocurrency landscape. I believe that with the elimination of the market, more compliant and attractive opportunities will gradually emerge. In the long run, I believe that being a securities firm on the chain can run half of Nasdaq's market value. So, I'm still holding it now, of course, these are my personal judgments, and my judgments may not be correct, but I just need to believe it myself, and I didn't worry when I was over $800 ETH, and now I'm even less worried.