A little salty personally because I have sold a decent chunk of my ether at this point, on the bright side I can now afford to stay in with what I have left as the risk is much lower. Im personally starting to think ether will go a lot higher than most of us are expecting, my main reason for that is gas issues are being solved quick. Polygon has proven that layer 2 can work like a dream and in the background gas prices on layer 1 are MUCH lower. Last night it was under 20 gwei and this is all before some of the biggest updates we have coming this year.
I really would like to see a pull back soon, not only so I can buy back some alts and more eth but because we have pumped straight through the 2,000s without much resistance at all, for ether thats a huge move and I believe we need to see a correction so we can establish some more support for ether to continue to grow. We are coming to the upper trendline on three different patterns that are all typically bearish however at this point If we just broke right out and kept going it would not shock me, I am however expecting a sharp move to the 2400 area still.
https://s3.tradingview.com/snapshots/l/LVieXtYS.png
I really would like to see a pull back soon, not only so I can buy back some alts and more eth but because we have pumped straight through the 2,000s without much resistance at all, for ether thats a huge move and I believe we need to see a correction so we can establish some more support for ether to continue to grow. We are coming to the upper trendline on three different patterns that are all typically bearish however at this point If we just broke right out and kept going it would not shock me, I am however expecting a sharp move to the 2400 area still.
https://s3.tradingview.com/snapshots/l/LVieXtYS.png