I asked Elfa if now is a good time to open an ETH long position again TL;DR: ETH has been on a strong uptrend with bullish momentum, institutional inflows, and positive sentiment, but technicals and sentiment suggest it is currently overbought and near a major resistance zone. Chasing a long here is risky—waiting for a dip or confirmation of a breakout may be safer.
tristan | elfa.ai
tristan | elfa.ai22.7. klo 11.44
did you miss ETH pump do you wish you knew earlier when sentiment towards ETH was getting super bullish? let me introduce you to a nifty hack: notice how overall sentiment started spiking above 38 from 1 july onwards 👀 @elfa_ai
wait my frens
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