The reason to still be on ETH / BTC is that it’s still above that macro that previously acted as resistance. We basically retested it, but now the price is heading back towards it again…
All the maxis on twitter keep chirping about how “the bottom is in” for BTC (and therefore, ETH), but I’m really not so sure. Bears are still winning, and without new institutional money coming in, I really don’t see that changing, at least in the short term. I have buys set down to around 20k for BTC and 1.2k for ETH. I don’t know if they’ll all get filled, but we can’t rule that prolonged downtrend scenario out yet, either.
Trust me, it’s hard to be when there’s still so much sentiment and news. I mean, the fact that El Salvador making BTC legal tender and the Soros fund approving the trading of BTC didn’t pump the price is SUPER imo… Once news starts having a noticeable affect on price, that’s when you know the wind has shifted in favor of the bulls. Obviously can’t rely / wait on that though.