ETH long for the next few hours.
Sell the news,
Buy the rumours
Is merge all good?
That's the news, hence sell it (not now yet, eth will run another try to get to a new high, it might or might not, that's why keep levelled take profits.
PoW and all the miners won't throw mining rigs for the sake of climate change.
That's the rumour. Hence all PoW blockchains that stood the test of time shall be bought, such as BTC. Not a coincidence BTC is out rallying eth on Ethereum's news!
Buy the rumours
Is merge all good?
That's the news, hence sell it (not now yet, eth will run another try to get to a new high, it might or might not, that's why keep levelled take profits.
PoW and all the miners won't throw mining rigs for the sake of climate change.
That's the rumour. Hence all PoW blockchains that stood the test of time shall be bought, such as BTC. Not a coincidence BTC is out rallying eth on Ethereum's news!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.