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Is It Too Risky to Hold Ethereum at These Levels?

5d ago
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Is It Too Risky to Hold Ethereum at These Levels?
  • Ethereum has rallied more than 120% in two months, now trading near $4,600.
  • Van de Poppe says ETH looks overextended, with charts showing risks of a 20–30% downturn.
  • He advises selling a portion of holdings to secure gains and prepare for reentry at lower levels or altcoin opportunities.

Ethereum is edging close to its all-time high after a powerful rally, but well-known trader Michaël van de Poppe is urging investors to be cautious. In a new market update, he outlined why ETH may be overextended in the short term and why taking partial profits could be the smarter move.

Ethereum’s Rally and Mispricing Risks

Ethereum has surged over 120% in less than two months, climbing from around $1,500 to above $4,700. Van de Poppe compared the current surge to Ethereum’s 2022 lows when the asset was trading near $1,300 after crashing from $4,800. At that time, the downside risk was limited, and the upside potential was huge.

Now, Ethereum looks “slightly mispriced to the upside,” he said. The last time ETH hovered around $4,000 earlier this year, it suffered a sharp 65% correction to $1,380. Van de Poppe warns that the risk of buying at these levels is s…

The post Is It Too Risky to Hold Ethereum at These Levels? appeared first on Coin Edition.

5d ago
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