Short ETH (POS) and I'm not talking about proof of stake

We short ETH into oblivion. The fomo moon boys are bullish again. Time for the rug to be pulled. One last leg down and then we accumulate in the "depression" zone.... You know the time, "crypto is dead, it's never coming back, do you think crypto will ever pump again, etc etc etc." If you have been through some crypto bear markets you know exactly what I'm talking about. If you haven't, well ya'll gone' learn! Bitcoin halving is May 2024. Buckle up buckaroos!

Note

I think that ETH can possibly pump to 2400~2600 before the merge. If we can get that, it would be a golden short opportunity imo.

Note

Moving along nicely! Maybe some small bounce around here before more downside.

Note

Rug szn continues

Note

Buckle up buckaroos, it's gonna be a bumpy ride. ETH is a triple digit coin.

Note

I ended up accumulating ETH and other digital assets (BTC, ETH, SOL, LINK, UNI, EVMOS, NOM) after the 12/16 dump up until now. I am expecting some short term upside. I will be looking to get out of the market and reevaluate if bitcoin loses 16.5k and fails to reclaim.

Note

I sold all leading into the CPI news tomorrow. After CPI comes out I will re evaluate getting back in.

Note

I am leaning more towards that the bottom for crypto is likely in now and we will not see any lower lows. Looking for opportunities to re accumulate. 18~19k BTC is the area I am looking at right now to start buying if we can get that.

Note

We did it fellas, we made it to 2600+. Not going to short the coin anymore though due to the recent developments of BTC ETH approval and ETH ETF approval around the corner. Hope all your bags are ready!

PickleLiq

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.