ETHEREUM - Updated chart

2022년 1월 7일

Ethereum has been one of the greatest success stories in crypto. At the same time it has been the greatest gas burner of all times. Will be punished in due time as competitors are coming strong.

In our last idea we were expecting a correction:

The asset was clearly 'under pressure' together with Bitcoin:

Personally and I advise you to do the same: I carry spot on various assets, i use leverage to either play (high leverage is gambling) or small leverage to go short on some assets and hedge against my exposure in spot holdings:

Ethereum has been a great Short position for me and allow me to say that it is still open...I did close it partially but that's what i normally do anyways (multiple TP levels).

Same with Etrhereum's Dog (Shiba).

Forgive me if you are an Ethereum Fanatic; Ethereum has outperformed Bitcoin, Nasdaq and SP500 this year. Big Bravo regardless if I am not an enthusiast.

One Love,

the FXPROFESSOR