I haven't put any money on it.

My guess would be that this is a pre -2.0 hype bubble.

Vitalik said that 2.0 would launch sometime this year. Other 2.0 devs said sometime at the beginning of next year.

We're also waiting on a more fully actualized BTC Bull run.

https://www.blockchaincenter.net/bitcoin-rainbow-chart/

So.

I would guess that now is a good long term 'accumulation' point, based on that rainbow chart.

That's how I'm treating things.

.:.

That being said, I do think that there will be a collapse in the global markets pretty soon. The USD Stock Markets have been irrationally propped up and if I had to gamble anything on them, I would conjoin the trump leaving office with a major economic blowout.

Not dissimilar to a pump and dump scheme, where all of the economic changes and unemployment, and riots, and health issues, and supply chain fuckery basically collapses in on itself.

My guess is that Trump and his people will try to extract whatever they can before they leave office -- which is likely to be Nov - Jan. of this year.

So. If I had to place some major // significant market fluctuation I would put it right around there.

.:.

I would guess a replication of movement like when Crypto Crashed back in March.

Then I think it's sort of a slog bull run with some crazy price action when Eth 2.0 Launches and all of that ETH gets tied up.

That's how I imagine things will work.

.:.

I want to be holding liquid assets when BTC gets up to 40k - 50k.

.:.

My make believe guess is that BTC dumps to 10-7k when Trump and company pull out the last take on the US Economy -- and then we have 4 years of a global depression, during which BTC rises up to 80k.

Which I suppose would put ETH at around 2500.

.:.

But you'd have to be taking a long term position, probably tying your money up in DeFi, or staking in Eth 2.0.

Honestly dude.

https://www.coingecko.com/en/coins/ethereum

I'm looking at this, and I think you got out at the wrong time.

Maybe there'll be a drop down to like 250 again?

but 400 is sort of the magic point.

Like ETH could easily 3x in a mad rush.

My rationale is that the hype bubble of 2017 is the baseline expectation for the FOMO attached to ETH right now -- but with ETH 2.0 and Staking on the way, as well as a long term switch to revamping and broadening the second layer systems.

XDai -- all of that Cryptoart, and Dapps -- the whole alternative economy and utility coin things.

PLUS all of the defi projects.

And the incentive for whales to benefit from proof of stake.

Plus the decrease in available ETH when all of it is bound up.

I just don't think the bull run is here yet.

But if you're trading -- then grats.

I could easily see another collapse that correlates with what can only be the impending collapse / Dumping of the Stock market and the USD.

I haven't looked at coinbase pro recently:

It starts to get pretty beary after this point.

BUt there's a lot of buy pressure around 300.

So. Maybe we'll get a market crash down to ~300 // ~250, like one of those flash high correlation deals -- and then hopefully it pushes up past 500 and then moons.

.:.

I don't see this as the moon.

But maybe you bought low and sold at the top of a hill?

That's cool.