Ethereum & Altcoins Rally: Past Buying Opportunity and Profit-Taking Risk

Even though the crypto market is seeing a broad, powerful rally right now, I still read this move as significant for two reasons.

It tells me two things:

First, the intense sell-off two months ago in Ethereum and altcoins created one of the largest buying opportunities I’ve seen in the crypto space — a rare entry point for Ethereum and a wide range of altcoins.

Second, with this strong rebound, I expect many traders and investors will forget to take profits as prices climb, leaving gains vulnerable to a pullback.