This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
It is a thing of beauty.
$ETH has not put in a weekly candle like this for a very long time... and everyone said it was dead!
From here, the true breakout is all but confirmed.
The only thing I see taking us properly down again is a COVID style black swan event.
With $ETH pushing so hard, utilities are finally going to catch a nice breather and take over for a while.
If you're sidelined, I wouldn't be rushing in with full bags.
It is likely we get some consolidation at these new highs for $BTC, so DCA is your best way in.
Personally, I always have stables no matter the market conditions... as we always want to be able to capitalise on dips and opportunities.
So make sure to fight the FOMO to full clip into green dildos
Nothing goes up in a straight line, and I would be expecting some flushes here to wipe out late longs.
Stay Safe
Trade Smart
Enjoy the pumpas
You have all earned it!