Theres a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so dont be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So whats your thoughts about the recent pump?
My relationship with ETH for now so far is so good. If ever this was a trap i already profit a lot. We should speculate more and learn to play with its volatility. With its performance i would say that it will increase more this month. If you could wait a little longer, you earn a little bit more too.
I don't think the pump that has happened in ETH is a trap. It's not wrong if you have a thinking like that because the bull trap often happened in cryptocurrency market. But if I see on the recent pump of ETH it's not a trap, because the price cryptocurrency has increased almost 99% and also with bitcoin. But now when the decreasing price come it just a correction from the increased price a few days ago and seems like the price cryptocurrency start to increasing again.