topping out is a process, while bottoms are an event
no one is going to fall off a cliff just because we had one red day
but be <slightly> cautious while remaining long, maybe hedge a little
simplistic furu
even when you don't feel like it
even when you REALLY don't want to work
you. will. have. to.
unless you want to be average, unless you don't want to make it.
Can $ETH pull back? Sure.
But this *potential* breakout is a big picture move that has legs. Think $NVDA $MSTR $BTC etc. of 2024.
Zoom out to the monthly chart… the monthly chart always tells the bigger story.
High often goes higher than most expect. Tom Lee is right.
$ETH continues to shape up as a potentially massive trade.
Few catalysts:
- the #2 most popular crypto still well below 2021 highs
- “mainstreamization” I see Ethereum all over my feed, CNBC, etc consistently now whereas before it was a ghost town
- Peter Thiel, Tom Lee, Bill…
I remember early on daydreaming about making $100 on a trade. It happened faster than I thought it would.
I remember then daydreaming about making $1,000 on a trade. It happened faster than I thought it would.
I remember then daydreaming about making $10,000 on a trade. It…
This is a 5 star high tight flag on $ETH
Been holding up extremely well and digesting the last move up. We have an inside week as well and this looks explosive coming into next week.
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