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Current $ETH situation for the short term Chart Hackers

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TheLordofEntry

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10,638 Aufrufe • vor 9 Monaten •via X (Twitter)

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Two truths about Bitcoin right now: Short-term: more pain coming. Target $50-55K. Long-term: macro bottom structure forming. The proof? Weekly RSI bullish divergence. Same one that called the 2022 bottom at $15K. The doomers calling for $30K? They don't see what the chart is showing. Trade the short-term. DCA for the long-term.
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$ETH is not a short-term trade, it’s a long-term macro opportunity. It’s great to see $ETH close to its all time highs, but trust me, this is just the beginning. $ETH is a decade-long opportunity and you’re still early.
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$ETH is not a short-term trade, it’s a long-term macro opportunity. It’s great to see $ETH close to its all time highs, but trust me, this is just the beginning. $ETH is a decade-long opportunity and you’re still early.

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With the Bitcoin and crypto markets down bad, are we all long-term investors now? David thinks we're in for more pain in the short term, and wonders whether #ETH will ever truly bottom
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This is Chart Hackers. TheLordofEntry 🔊
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This is Chart Hackers. TheLordofEntry 🔊

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Tom Lee's $ETH call: Short-term: dump to $2.5k Long-term: 3-4x rally to $7k-$9k by January At this time he's holding $9.85B worth of ETH with -$3B loss in uPnL Genius or lunatic?
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“Short term pain for long term gain” 😒
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This is short term pain for long term gain.
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