#ETH5kNext? Van de Poppe warned Ethereum investors of an imminent crash

Analyst Michael van de Poppe warned Ethereum investors of an imminent crash in the cryptocurrency's price.

What goes up vertically is generally corrected sharply. So, if all my money were invested in Ethereum, I would sell some of the coins. Then, I would use the funds obtained to buy ETH at the bottom, wrote Michael.

Speaking of vertical growth, van de Poppe refers to the rise in the price of Ethereum by nearly 39% over the last 10 days. Today, the value of the virtual currency has crossed a new barrier of 4,600,$ and has continued to climb. However, according to Michael, instead of waiting for the cryptocurrency price to reach $5,000, it makes sense to sell some of the assets now to realize profits and reduce risks.

Many ETH holders have followed the expert's advice and have started to sell digital assets. This is reflected in the fact that every day, short-term Ethereum investors realize an average profit of $55 million. But those who have held their coins for more than six months are not yet mass selling their virtual currency. Michael assumes that the price of ETH will reach a historical maximum, reached at 4,872,$ in November 2021. Then, a period of accumulation should begin. As a result, the analyst forecasts the start of a bearish trend only after the currency's price has established a new record.#ETHTreasuryStrategy #ETH5kNext? #ETHRally #ETHOvertakesNetflix #Write2Earn $ETH