🗣️Thought of The Day.
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Another "Binance special" $PUMPBTC Make sure not to short these coins as long as they are in their "grind up phase" : The best thing to do is to completely ignore them until they have the vertical squeeze If you get in once it's up 3x, you might think that it's a decent r/r without realizing that another vertical 3x is coming for you
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We're reaching price levels on $ETH where the drawdown risk is too large to feel comfy on any dip And the upside is unclear to me, we could go to $4.5k, $6k, or more, I personally don't have conviction on price targets I'll mostly react on what signs I get from the tradfi side (ETH tco + ETFs) as they are the ones determining our fate
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