$Grayscale Ethereum Trust (ETHE.US)$ 22.89 is resistance we'...

10baggerbamm commented on a stock · Oct 30 05:06

$Grayscale Ethereum Trust (ETHE.US)$ 22.89 is resistance we're approaching that level pre-market. ethereum has been very range bound it has lagged Bitcoin significantly. the question is even though reports showed for the first time significant money flowing into aetherium ETFs this was earlier this week the report came out. if we see profit taking in Bitcoin can ethereum Buck the trend will it trade higher because it has lagged dramatically it's nowhere is near a high yet Bitcoin is knocking on an all-time high

so that's the million dollar question can ethereum break out of its range bound trend lines and work towards a mid $3,000 price and ultimately through $4,000 in a new high. if you think so then you need to be buying ethu or this leveraged ETF. if Bitcoin sells off an aetherium sells off. the leveraged ETFs have options and you can sell puts on those ETFs and collect a very nice premium.

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10baggerbamm

36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks

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