Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
yefi
on 06/09/2016, 16:21:10 UTC
But what if it will go below 186k satoshis. Is there a case for shorting ETH? If yes then how low do you think this will drop if it breaks support? I am speculating that some traders might be shorting ETH right now because it might really break although it has not been really tested yet.

Yeah, if it breaks (quite possible after the full retrace on the rally to .022) I'd expect quite a drop. There's the line from the dao attack/etc panic bottoms around .0140-.0150, which might hold.