cryptodads

ETH potential top

If this cycle starts to look like last cycle and ETH goes on a mega catch up run to BTC (blowing past ATH), then I would be keeping an eye on two places the 1.618 zone around $7300 and the trend line that extends perfectly from the 2018 top through the two tops of last cycle.

While this is still really far away, ETH has a history of going to 2-3 month face melting sprints.

I have already cost averaged into a position with ETH because it is hard to get in once it moves.

Currently there is bullish consolidation occurring on ETH, so probabilities favor adding on today's dip or going long and waiting for the next let up.  A daily close below $2350 would concern me that this is failing.