$ETH is trading around $1,690, and this is exactly why I kept warning people not to get carried away by every green candle.
A lot of people are asking the same thing right now: is this just a healthy pullback, or are we looking at the beginning of something bigger?
Personally, I still don’t see the strength that would make me turn bullish. Momentum remains weak, buyers are struggling to take control, and the chart hasn’t shown anything convincing yet.
That’s why I’m still holding my short on $ETH .
🎯 TP1: $1,620 🎯 TP2: $1,560
Could Ethereum prove everyone wrong? Absolutely. But based on what I’m seeing today, I think the odds favor a deeper move first. I wouldn’t be surprised to see the $1,200–$1,400 range before we get a real, sustainable pump.
Crypto is still tiny compared to the wealth stored elsewhere. We're not even close to saturation.
That’s why I believe the biggest moves are still ahead. In the next few years, a $500k Bitcoin doesn’t feel like a question of if — it feels like a question of when.
The opportunity is still much bigger than most people think.