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Previously, I said that Ethereum should be short all the way down to starting with 1.
When it spikes higher, short it—once it breaks below 2220, there will be a round of quick wick “insertions.” Now that it’s already been inserted, if it continues to trade sideways, it’s very likely setting up the next leg lower.
Of course, there’s also no avoiding a rebound back to around 2300. Either way, whether it goes up or down—just hold the long positions at high levels. And for those who missed the move, short the rebound and that’s it.
Back then, when I said it would fall, some people mocked me. Their mocking was so loud back then—almost drowned out my resolve.
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