The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. I have no interest in shorting Ethereum at the moment.įor a look at all of today’s economic events, check out our economic calendar. That being said, once we get the crypto ETF announced, it could be a “sell the news” type of event, but only time will tell. All things being equal, this is a situation where we continue to see a lot of choppiness, but the upward momentum continues, and I do think that will be the story for the next several months. In general, this is a market that is positive, but of course it is always very noisy. I do believe that we will hit the $2500 level, and I believe that we will even break above there given enough time. If you are already long in Ethereum, then somewhere around the $2000 level being broken would be very negative and could get people to stop down. If you are not inside the market already, value is going to be the name of the game. All things being equal, I do think that Ethereum goes higher, but you should be looking for little bits and pieces of value in order to get into the market. Underneath, the $2100 level should be a significant support level due to the fact that it is previous resistance.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |