Newbie seeking advice

I've been investing for over a year and started trading more so my risk tolerance is a bit higher now and I'm interested in ETH.
Even though I mentioned trading I'd be starting a Long ETH position, I took some profits from Nvidia and others recently and want to buy 1 ETH.
Of course I wish I thought of this in April or even a month ago but I didn't realize the hype behind stablecoin which brings my next point:
I noticed some fund managers/ceos switching to all ETH or accumulating much more right now, Like SBET(just purchased 10k eth directly from eth foundation) or BMNR (up 2000% after announcing CEO change who is all in on ETH with plans to accumulate)…and of course CRCL which opened their IPO at 31 and is sitting at 200.. it seems like there is some serious momentum behind stablecoins and ETH, I'm not exactly sure how they correlate and was wondering if someone could explain. I was also thinking ETH might not see 1k-1.5k again unless something crashy happens because of this momentum and opportunity for the future.
Am I wrong thinking ETH will finally keep climbing this time thanks to the hype around stablecoins or am I totally misguided there? And could you explain how ETH works with stablecoin? Thanks
submitted by /u/Bluebird-9641
[link] [comments]