r/ethtrader•
oman909

This Has Been A Massive Anti-Fragility Test for ETH

STRATEGY

What we witnessed:

Insiders did not sell, with many loading up. They remained poised and focused on the tech.

Exchanges held up well.

<10% of total ETH was actively traded.

Those actively trading in this market revealed the type of inexperience one can capitalize on i.e. peak short interest at the bottom of the zero-news dip which will fuel the subsequent run. It's also the type of inexperience that accounts for major volatility during a period of btc uncertainty.

Those newcomers interested in a quick buck who bought late closed their positions/were margin called. Most will be back buying deep into the next run.

Everyone is looking for an optimal entry point, and a whole lotta smart money fiat (including institutions) is about to enter.

Posted Jul 16, 2017, 9:27 PM UTC

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