chillcrypto

We've been here before, price pushed up quickly, then retraced

OTC:ETHE   Grayscale Ethereum Trust (ETH)
If you look back at this summer, we spent very little time at this level - both before the peak and after. Keep that in mind if we see another very strong day, that we have subsequently retraced/retested. Then, both before and after the peak, we attempted recovery again very quickly.

In my case, I have funds such as Grayscale Ethereum fund that don't settle in the amount of time that such a swing would take. They'll stay put, but careful - every time my overall portfolio hits a peak inevitably I've seen a pullback. I may take the opportunity to put some profits to the side to avoid some risk using some tight stops.

Not financial advice. Do your own research. Trade safely!

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