Ethereum / TetherUS
Long
Updated

Ethereum Update · Minor Break Below $4,000, Nothing Changes

1 965
Ok. Straight up has been confirmed but as you already know, the market never moves straight down neither straight up. It seems Ethereum is about to take a small break. This shouldn't alarm you nor be a concern, we are set for sustained long-term growth. When bullish momentum dies down, the market tends to take a break, a pause, before additional growth.

Please remember that these breaks are very tricky, they can last just a few days, say 3-6 days, just as they can go for weeks. It is very hard to predict. In fact, we don't try to predict the duration of those, we simply focus on the bigger picture and know that a new all-time high will be hit in the coming months. This new all-time high will be followed by additional growth.

The short-term can be tricky though. Ethereum will continue rising, but watch out, it can make a pause and this time can be used wisely to profit beautifully from smaller altcoins. Don't let your capital just sit around when it can grow.

Ethereum is awesome but it is also a giant. The smaller altcoins is where the true opportunities lie. The opportunity to quadruple in a matter of months. And this process can be repeated several times for the duration of the bullish cycle.

Namaste.
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The most important part is just to know that this is only a momentary retrace, it will last as long as it needs but the market will resume growing and produce higher prices. So this is a short-term event. We were expecting this so it shouldn't come as a surprise. Patience is key. The altcoins market will continue growing.

Namaste.

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