In winter we hibernate
Ethereum around or under $1000 will always be a steal but
No I don’t think it is over. this is probably a bear market relief rally similar to the one in 2019.there are always a couple of these in every cycle and accumulation during bear markets are when fortunes are made but if I was a genius I would have sold everything last November.I gave back a lot of unrealized gains too. The Luna collapse caught me off guard and cost me a lot of profits by the time I bailed on it
Still crypto has been a great investment and I still believe there is a lot of money to be made
The last crypto bear market began in Jan 2018 and continued until April 2020 just prior to the 2020 May halving that was 27 months
This bear market began Nov-Dec 2021 so it is highly doubtful it is over just 8 months in and the world economies in bad shape
this rally could continue for a little while longer but don’t anticipate any widespread major bull market until the Fed reverses and probably not until the next BTC halving approaches in 2024
With new all time highs and being about 6 months after halving and cycle top about a year or so after that
If you have time go back in this thread to page 267 April 11 post #2663 and page 269 May 8 post #2685 this crypto crash has followed the same patterns as the prior 3 post halving drawdowns