I had commented on X about the massively negative sentiment among crypto contrarian guys I track (and general populace who trades shitcoins and was holding ERC20 tokens and ETH instead of SOL lately)...
Long term chart had a quarterly signal, indicating the bull cycle in Ethereum begun this quarter (see my pinned post at X). Now we have a daily trend signal as
ETHBTC
hit low volume support (volume profile gap for the volume profile of the 2020 to 2022 rally).
I like the low risk and huge reward potential in Ethereum here, and if you have no position, you should enter ASAP. If you're long, you may add or rebalance your portfolio to include more Ethereum and perhaps reduce some Solana weight too...(or rebalance from SOL to BTC, both work). Definitely don't bag hold Solana shitcoins hoping for Bonk 2.0 or whatnot, that's a fool's errand.
Best of luck!
Cheers,
Ivan Labrie.
Long term chart had a quarterly signal, indicating the bull cycle in Ethereum begun this quarter (see my pinned post at X). Now we have a daily trend signal as
ETHBTC
hit low volume support (volume profile gap for the volume profile of the 2020 to 2022 rally). I like the low risk and huge reward potential in Ethereum here, and if you have no position, you should enter ASAP. If you're long, you may add or rebalance your portfolio to include more Ethereum and perhaps reduce some Solana weight too...(or rebalance from SOL to BTC, both work). Definitely don't bag hold Solana shitcoins hoping for Bonk 2.0 or whatnot, that's a fool's errand.
Best of luck!
Cheers,
Ivan Labrie.
