$ETH IN JULY: 60% DOWNSIDE, BUT AVERAGE GAIN 9% - WHATS YOUR PLAY? ⚡
Since 2016, Ethereum has seen 4 green Julys and 6 red ones. The median monthly return is almost -4%, yet the average sits at +9% because of one monster 53% rally in 2020.
That tells me two things: the typical July is a grind lower, but when it flips, it flips hard. We're entering July right now with no clear direction yet. The question is whether this month follows the median or the outlier.
Are you betting on history repeating or fading the majority?
Not financial advice. Always manage your risk.
#ETH #TradingHistory #July #Crypto #Ethereum
⚡
Since 2016, Ethereum has seen 4 green Julys and 6 red ones. The median monthly return is almost -4%, yet the average sits at +9% because of one monster 53% rally in 2020.
That tells me two things: the typical July is a grind lower, but when it flips, it flips hard. We're entering July right now with no clear direction yet. The question is whether this month follows the median or the outlier.
Are you betting on history repeating or fading the majority?
Not financial advice. Always manage your risk.
#ETH #TradingHistory #July #Crypto #Ethereum
⚡