It's actually healthy but not for the faint of heart that price is correcting a little bit, an hyberbole to $10 in two days would be great but it's not real in any way or form. I think the floors have to establish a little more, I can see even going 90-95 but I don't think this is a pump, there's genuine interest in ETH and the potential is real, everybody wants to get it cheap, FOMO. Now, I do understand that placing huge money here it's very high risk though, I for one could not stomach that level of anxiety.
Anyway a pump is what you saw yesterday with EXP, more than 3000% in a few hours...now that's what this community is used too so they think ETH is another scam coin just like that.
I agree with this that regular corrections on the way up are healthy, but it would need to stay above the 0.01 range, preferably sideways 0.012-0.018 range for a week or two to change my previous outlook. These quick drops and then right back on the moon express still indicate a bubble in the making and too much manipulation going on.
A healthy rise is going to inevitably include profit taking while holding support levels for longer stretches of time are the only indicator of true support. The higher ETH goes the longer these periods will need to be for people to really have confidence. If it is still holding up here by the time March gets here, I might start to change my thinking, but until then its still in bubble territory for me.
