In the lights of transaction capacity max´d out once again, only rather vague solutions somewhere on a far distant horizon, and transaction fees skyrocketing as a consequence, Ethereum is massively overvalued - or better put overhyped - to say the very least.
Hence, there is a very real chance that we gonna see a proper correction up to 70% from its top within the coming 6 weeks.
Also a perfect opp to hedge the other long positions.
Enjoy & All the Best!
Hence, there is a very real chance that we gonna see a proper correction up to 70% from its top within the coming 6 weeks.
Also a perfect opp to hedge the other long positions.
Enjoy & All the Best!
Good point, and certainly fair enough argument to make.
However, the issues here are Ethereum specific and not a general problem of the still very bullish cryptocurrency space overall.
So, I very much tend towards answering this question with NO, it won´t.
Just wanted to add this real quick.