ETHEREUM

$$$$$$$$the theory that ETH will remain stuck around 4000$ is coming true once again.

Firstly, we are starting to see nice profit-taking and it makes sense after this rise.

Secondly, we can observe huge sell orders appearing between 3850$ and 4000$ when it was empty before.

So here is my plan:

Initially, I wanted to wait until I got closer to 4000$ to close my LONG and sell my ETH SPOT but I think I will execute everything earlier around 3800$ to be safe.

Yes, it will give me less profit than if I close and sell everything at 3950$ for example, but it’s irrational to want to scrape a few percentages at the risk of getting stuck once again.

So be careful, this is just my opinion and this is not advice. Especially since I am still very exposed to ETH via ERC20 tokens and if ETH breaks 4000$ to finally reach an ATH, I will balance this choice with some BIG LONGs so I will benefit from a potential rise in any case.

Here are my plans for ETH.

What do you think?