Ethereum Showing Bitcoin‑2017 Momentum — Bullish but Volatile
I echo Tom Lee's view that Ethereum looks like it's entering a Bitcoin‑2017 style momentum phase — strong, broad retail interest and rapid price appreciation are becoming visible.
That setup often produces sharp upside but also abrupt corrections; I remain cautious about chasing tops and focus on risk management.
I'll look to accumulate on meaningful pullbacks rather than buying into parabolic moves, keeping position sizes controlled.
Analysis
Recommendation
Prefer a buy‑on‑weakness approach: accumulate on confirmed pullbacks, size positions conservatively, and use stops — avoid chasing a parabolic breakout.
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.