This is for $ETH holders ๐
$ETH is bouncing nicely now, but donโt get too excited yet ๐
The reason Iโm still cautious is simple:
In the last bear-market recovery, ETH also looked stronger than $BTC . ETH bounced from around $800โ$900 to nearly $2,000, while BTCโs rebound was much smaller.
At that time, everyone thought ETH would massively outperform in the bull run.
But later, ETH went from roughly $900 ๐$4.8K, while BTC went from around $15K ๐$125K. So the coin that looked stronger during the recovery actually gave a weaker overall bull-cycle return.
Thatโs why Iโm not blindly assuming this current ETH rebound means it will easily smash ATH.
For now, as long as this rebound zone holds, ETH can still push higher.
But once price approaches the $4,000โ$4,800 old ATH / major resistance zone, Iโll start taking profits step by step.
If ETH breaks that zone and holds above it, beautiful -we reassess.
Save this post it will help you in coming months
#cryptouniverseofficial
$ETH is bouncing nicely now, but donโt get too excited yet ๐
The reason Iโm still cautious is simple:
In the last bear-market recovery, ETH also looked stronger than $BTC . ETH bounced from around $800โ$900 to nearly $2,000, while BTCโs rebound was much smaller.
At that time, everyone thought ETH would massively outperform in the bull run.
But later, ETH went from roughly $900 ๐$4.8K, while BTC went from around $15K ๐$125K. So the coin that looked stronger during the recovery actually gave a weaker overall bull-cycle return.
Thatโs why Iโm not blindly assuming this current ETH rebound means it will easily smash ATH.
For now, as long as this rebound zone holds, ETH can still push higher.
But once price approaches the $4,000โ$4,800 old ATH / major resistance zone, Iโll start taking profits step by step.
If ETH breaks that zone and holds above it, beautiful -we reassess.
Save this post it will help you in coming months
#cryptouniverseofficial
