Lifui. O. Lor. #Ethereum $eth $ethereum My Thoughts: Buy @ $500

I believe that failure to break above the current high of $3580 could produce a significant structural shift. As per my BTC “Sell In May & Go Away” trade idea, I believe that the market has a good probability to test lower lows, especially if Bitcoin breaks below the $41,000 area. In such a scenario, I now believe the market would be in for a significant bloodbath. I believe there is a good chance for the carnage on Ethereum to continue to around the $500 level. That is a level where I would be interested in accumulating spot Ethereum for a long-term hold.

This trade idea is not financial advice. I am not a financial advisor of any kind.

Please do your own analysis, responsibly manage your risk, and stay safe.

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