Pretty soon I expect. I suspect we'll see a little run.
In Crypto, news gets priced in weeks in advance of it actually happening. Thats because power of expectation is far more potent than the power of actuality. So I'm not expecting any fireworks next week.
Combine that with the fact that.....[1] it's not a "bearer token", [2] has basically an unlimited supply [3] there are now smart contract blockchains springing up all over the place like mushrooms after a rainshower [4] bearish double top - [5] - just because you hold some gas doesn't mean you hold the assets that get built on it (whereas with bitcoin you do coz bitcoin IS the asset))....and I've reduced my exposure to this market by 70%. (Timber is cheaper than a timber house, sand is cheaper than a glass palace).
Litecoin also went sky high on FOMO power because everyone thought it was going to take over from bitcoin (and it WAS a bearer token !). Make no mistake. Ether is not the next bitcoin, though it may do ok for a while before the big retrace arrives.
We'll see what happens next week. We're at 1000% gain already in 30 days. Musn't get too greedy and loose everything in the crash
