The crypto market is entering the exuberant stage of the four-year price cycle. Now is not the time to take leverage given the likelihood of sharp, double-digit pullbacks. However, it is also not the time to sell early. If this plays out similar to previous price cycles, I believe Ethereum will near $20,000 in the next 3-6 months.
The reason for this analysis is that many miners like me have high expectations for this valuation. It's worth considering that my entire crypto portfolio is made from mining.
Target: $4869
Trigget reference: at 3100