On ETH's Continued Ascent & the 2k Mark
Watching $ETHUSD flirt with the 1920s today has me thinking about the psychological 2k level. We've seen a pretty solid bounce off the recent lows, and the overall crypto narrative, while still a bit wishy-washy, seems to be leaning more positive than a few weeks ago. My rough odds of hitting $2000 within the next 7-10 trading days? I'd put it at about 65%. The momentum is there, and the market often enjoys punching through these round numbers once it gets a sniff of them. The risk, of course, is a broader market pullback or some unexpected FUD that derails the party.
Then again, this market loves to humble you right when you think you've got it figured out. So, while 65% feels decent for a punt, I'm certainly not liquidating my grandma's coin collection on it. Just a forecast based on current tailwinds and the typical market's dance around these big round figures.