Panic sellers and paper hands buy high and sell low. We must do the opposite yesterday ETH went under 3k and its nearly back to 3200. This was just a flush and test we will go back up to new highs soon enough.

Last year, Tim Draper, an American billionaire investor, predicted the price of Bitcoin would reach $250,000 in 2024. Recent reports suggest that he doubled down on his prediction and reiterated that Bitcoin will touch $250,000 by year-end.

Now, we all know what happens with ETH when BTC jumps—it follows. Actually, this time Ethereum's fundamentals are so strong that it has come out of the "internet money for transactions" segment. Ethereum has the most utilities, the highest adoption rate, and a deflationary token mechanism with regular token burns. These features will make the ETH/BTC ratio rise again, and the performance of ETH will be more intense than that of Bitcoin.

ETH to $12K in 2024 or $15K in 2025?

Now, if we compare ETH with BTC's $250K prediction conservatively, ETH will be trading at $12K by year-end. How did I calculate it? Simple math: if BTC can move to $250,000 from $64,000, then ETH can move from $3,050 to $11,915, with a 3.9X jump.

Now, if we add the utility, adoption, staking, supply shock, deflationary, burn, and rise of L2 chains into the picture, ETH can outperform BTC and may move with a 5X possibility, i.e., just above $15,000. If this happens, Ethereum's market capital will reach $1.8 trillion; isn't that possible?

It's not a question of whether it will happen; it's a question of "when." Will it be 2024 or 2025?

Source of Tim Draper's BTC prediction news: https://ambcrypto.com/bitcoin-to-250k-investor-explains-why-you-shouldnt-bet-against-halving/

Of Ethereum’s $174M liquidations and fading hopes of $4K https://ambcrypto.com/of-ethereums-174m-liquidations-and-fading-hopes-of-4k/

So I’m in a pickle , I need some etherium and I have money that I’m able to overdraft but obviously I can’t use my overdraft to purchase crypto is anyone willing to send me eth and in return I can purchase basically anything online for you with my overdraft? Dm me if you can

The market's in a pullback, and everyone is shouting, BUY THE DIP!

But nobody is answering the right questions:

*How do you buy the dip? *When do you buy the dip?

Many novice traders think that token price will keep shooting up during the bull-run without retracement. They expect to see Eth rise from 3k to 8k within a short time as such they buy a token and hold to achieve that. Is worth to note that market is not controlled by your emotions rather the forces of demand and supply. That is why your TA and FA is focused on liquidity movement not emotion. Is obvious to the blind that the bull-run is imminent but how to prepare for it is differs among traders. Whether holding till your token achieve your desired price is a good idea or not depend on your risk management and trading strategy.

Degen, Meme hunter, day traders have different approaches to the market because most of their trades are closed within minutes, hours, or days. Whether some KOls tweets are true or false still baffles me, how can you turn $500 into $5 million in 2 days? Does that look unreal to you also? I know buying a token at the right time and being early position one for multiple Xs that is why most degen and meme hunter prefer DEX because being early is important. Some skeptical analyses argue that Dex trading exposes users to rug projects and such discourages newbies. Anyway, some top exchanges now list very early but those tokens need to go through the listing team scrutiny. Thereby giving their users opportunity to ape early.