ETHUSD Update: You would think after the magnitude of the recent BTC surge, this market would be much further than it is. Although a nice push off the 450 area, it could not get through the 480s which is certainly something to note. Keep in mind, it is easy to be tempted to buy into such a situation, and worse it can occasionally work which reinforces ineffective behavior over the long run. No matter how stellar a runaway market looks, having the discipline to wait for criteria to line up is key to long term sustenance.
Chasing A Runaway Market
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