#以太坊投资机会 Seeing that BitMine has increased its Ethereum holdings by over 100,000 this week, I need to calmly analyze the logic behind this.

Indeed, continuous institutional buying itself sends a signal — they are voting with real money. But there is a key point to be cautious about: don’t let the narrative of "market recovery" hijack your thinking. BitMine’s position size and rate of accumulation are indeed impressive, but I am more concerned about their statement of "never selling."

This sounds very firm, but on-chain events are often wary of firm commitments. Historically, many "long-term holders" have ended up being the ones to dump. Instead of obsessing over whether institutions will sell, ask yourself: why do you believe they are right at the same price?

The fundamentals of Ethereum are indeed improving — regulatory friendliness, active ecosystem, genuine staking yields. But how many times have we heard the phrase "golden age is in the future" in the crypto circle? Every cycle, someone says this, and every cycle, someone ends up buying at a high.

My advice is: if you believe in Ethereum’s long-term value, you can participate, but set your own risk boundaries and stop-loss points. Don’t FOMO just because institutions are buying, and don’t expect to have enough chips and patience like them to weather the storm. Their game rules are completely different from retail investors.

Longevity is more valuable than speed.