ETH/USDT - long term analysis
ETH had phenomenal year, ETH found bottom during corona dump in March 2020 at 85$ and right now, ETH is trading at 3440$, what a rallye.
But ask yourself, do you really think it´s good time for some long term investment in ETH ? I would personally wait for prices below 2000$. If my wave count is correct and we are currently in final 5th wave of one BIG uptrend cycle, then ETH should set top somewhere at 5000$ and then we should see long-lasting correction, which should take price back down, probably somewhere to 1500$.
But ask yourself, do you really think it´s good time for some long term investment in ETH ? I would personally wait for prices below 2000$. If my wave count is correct and we are currently in final 5th wave of one BIG uptrend cycle, then ETH should set top somewhere at 5000$ and then we should see long-lasting correction, which should take price back down, probably somewhere to 1500$.
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