buy on weakness

Accumulated Ethereum on Deep Dip — Average Cost Now Below $2,000

I bought back Ethereum during the drawdown from $3,200 to $1,450.

My average cost finished below $2,000, so I'm comfortable holding the position after averaging in on the weakness.

Source available for registered users Sign Up Free

Analysis

Lowering the average cost to under $2k improves the risk/reward profile for ETH, but the position remains exposed to further downside and high volatility typical of large-cap crypto corrections.

Recommendation

Consider continuing disciplined dollar-cost averaging on weakness and apply position sizing or stop rules to manage risk rather than adding aggressively.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: