Quote Originally Posted by jimnyc View Post

I do have a little in Ethereum but just feeling the waters out for awhile, crypto wise. But now it's getting saturated and difficult to figure who to invest in & when.

At least $5000 by month end ? Just under $4m at present
Snippet from ZH below .


Ethereum (ETHUSD) is seeing some healthy consolidation after briefly breaking above the psychologically key 4k whole figure level Friday. Significantly, although odds are moderately high for a retest of the record high in September, the steepness of the rally extension since late July suggests a high likelihood for the mild profittaking that has just begun to last another week or so. Any pullback in September to 3.5k will likely be brief. ETHUSD's correlation to BTCUSD (on a weekly chart) is suddenly back to 0.82 and trending towards the upper end of its 5 year range. Congratulations to readers alerted August 1st of the completion of the major June-July bottom, and to those who heeded the warning May 16th of the major top forming. I am long as of this past week in the 3340-3500 range, targeting 3700-4000 for September. The weekly RSI, Stochastics and MACD are rallying, but weighed by the tiring daily RSI and Stochastics.