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While I don't personally own this asset, I wouldn't recommend selling if I were in a loss position at this point. Technical analysis suggests a potential upward movement, as the price appears poised to rebound off the 200-week moving average. Additionally, the Average True Range (ATR) model is showing a bullish buy signal, which could indicate a favorable short-term trend.

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smithers

LOL at the ETH bearishness in the comments when you have both James and Ben Cowen saying now isn’t the time to sell.

mtclvr

Very likely this was the bottom for Eth. It's ok to be bullish on Solana but that doesn't mean that Eth is dead and it will do amazingly well come the next alt run

Hevski

I would love to see it rally I sold 40% of my ETH bag I think back in February, I wish I had sold it all.

lee

How is that mstr is dropping hard.. wtf!

lee

Did mstr get diluted

FarryLink

Dude, 3% drop is not what anyone calls "dropping hard." You are being overly dramatic.

Fear Zero

I unstaked my ETH bag and am going to sell if a rally happens. Junk removal service.

Mohawk Crypto

Thanks James - I've been thinking about rotating out of a good size bag of ETH for faster horses. (I missed swapping all of it for SOL last year, but did at least stack more SOL) I am assuming the new asset will need to outperform ETH, by at least 20% to account for the cap gains tax hit. Yes? Does it make sense to do this now in large chunks while we are at near term lows? Or pair trade (DCA style) on days/weeks when ETH is up and the preferred asset is down/flat? Do you prefer one strategy over the other? I know ETH will go up with everything else, but I fully expect it to lag SOL and many others in the top 50. (also ETH is practically unuseable, as you know)

GloMa

This is super helpful 🙏🏻🙏🏻🙌🏻