Cryptocurrency

Ethereum price movements are not for the faint of heart

Ethereum has been performing really well over the last few months. But a nice reminder every once in a while of the potential downside volatility is good as it ultimately shows us how quickly things can change. There will likely come a day when ETH capitulates after an incredible move up, from which it will not recover in the short term. A good example is the move to $1400 which is still seemingly light years away at this point. In this video we talk about the recent move up, the capitulation wick of almost 30%, and how ETH/BTC is staying strong for the time being.

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