That 3.3% dip. Ouch. I know, I know, you're feeling it. Your portfolio just took a short trip over the falls. Now, all those overly optimistic projections you saw last week just don’t seem so credible. It's an emotional rollercoaster, and right now, you're at the top of the first big drop. Are you squealing in glee or white knuckling the rollercoaster ride?

Goodbye Kiss or Buying Opportunity?

Let's be real. That break below $2,460 feels significant. Like child care, another key support that crumbled under the weight of… well, everything. The wider market is getting a bit anxious, too. At the same time, the Twitter donnybrook between Elon and Trump just ups the political Big Top atmosphere. I’ll get into that in a subsequent post. Is this the start of something bigger?

The "French Kiss Goodbye." It's a dramatic metaphor, I'll admit. But periodically, you just need a reset, don’t you? A final, passionate farewell before moving on. Think of it this way: maybe Ethereum needed a good shake-up. Perhaps all that froth and hype needed to be cleared away for the technology to really grow up. Perhaps this downturn is the cosmic order speaking to us, saying, “You need a reset.” It’s hurtful, I won’t lie, but in truth, the most difficult farewells are often the ones that set up the most beautiful welcomes.

For as retail’s herd instinct is running away, institutions are the ones still quietly loading up on the stuff. SharpLink Gaming has recently been in the news for buying $22.8 million in Ethereum. With this investment, they’ve become the world’s largest publicly traded holder of Ethereum. BitMine is dumping a quarter of a billion dollars onto their ETH treasury. These aren't amateur hour moves. The big players backing BitMine read like a who's who of crypto heavyweights: Pantera, Founders Fund, Galaxy Digital, Kraken, DCG. They see something we might be missing.

They're not buying the hype. They’re buying the future. Or at least, that’s what they’re banking on—that ETH will be the sort of “strategic currency” that Joseph Lubin dreams about. They’re interpreting the short-term plunge as a clearance sale. An opportunity to get in on the ground floor, so to speak—acquiring some of the best virtual real estate at a significant savings.

Investing is never purely rational. It’s a dangerous brew of fear, greed, and hope. Fear is without a doubt flavoring the drink right now.

Let’s not forget the sideshow in Washington. Elon vs. Trump. A billionaire cage fight that’s been entirely obscured by Twitter. Musk blasting Trump’s tax plan as “utterly insane”, Trump responding with Musk-themed personal insults and threats to deport the entrepreneur. It would be funny, if it weren’t so freakish.

Fear, Greed, and Political Theatre

Now, folks, I do not want to wade into the political mudslinging. Here’s the thing: political uncertainty always rattles the markets. When the dudes in suits commence toddler-like squabbling, investors get jittery. I suppose we begin to retract, waiting for someone to win the fight in the sandbox. And, to be frank, from a European perspective, it’s somewhat of a soap opera to watch. Entertaining, sure, but slightly terrifying. You wouldn’t want that kind of disarray managing your own household, would you?

So, where does this leave you? Are you selling the news? Sheesh… cutting your losses and running for the hills? Or are you buying the dip? Looking at this as a time to recommit to the strength of your belief?

I don’t claim to know what you should do. I don't have a crystal ball. I will say this: Don't let your emotions dictate your decisions. Take a deep breath. Look at the fundamentals. Consider your long-term goals.

What's Your Strategy Then?

Cuz at the end of the day, that’s all it should be about. Do you believe in the underlying technology? Are you excited about the promise of decentralized finance? Think Ethereum will win out in the long run?

If your answer is yes, then perhaps this little dip is not the French Kiss Goodbye. Or perhaps it’s simply a sign of a small bump on the road toward better things. Perhaps it’s the opportunity of a lifetime to be among the first to reap the rewards. Or, at least a slightly lower floor than in the past.

  • Ask yourself:
    • What's my risk tolerance?
    • What's my investment horizon?
    • Do I really believe in the future of Ethereum?

What's your play? Are you buying, selling, or holding tight? Let me know in the comments. Would love to hear in the comments how you’re coping with this emotional rollercoaster.

If the answer is yes, then maybe this dip isn't a French Kiss Goodbye. Maybe it's just a little hiccup on the road to something bigger. Maybe it's a second chance to get in on the ground floor. Or, at least, a slightly lower floor than before.

What's your play? Are you buying, selling, or holding tight? Let me know in the comments. I'm genuinely curious to hear how you're navigating this emotional rollercoaster.