Ethereum heading to $2500. This year.Looking at the ethereum chart and it’s clear that a major correction has completed.
Problem is too many people think the bottom is in. Don’t get me wrong, a bottom is in but now the market is in a phase where short sellers are going to get their faces ripped off. The phase of the market where bears are late to the game.
I wouldn’t consider shorts until ethereum gets above $2000. There’s decent probability we are in the wave 3 of 5 of c of (x).
I’d stay long for the time being and if you use leverage, don’t use high leverage unless you can afford to lose that money.
