Congestion on the Ethereum network has went way down so the fees to move ETH is around $0.50 / transaction which is the lowest I have seen it in a long time. Things cooled off and a lot of people have been avoiding doing anything on the Ethereum network. This is a great opportunity to clean up some of those wallets that had $50-$300 in them so you don't get hit with some $60 fee the next bull run. We could experience continued selling pressure from the Mt. GOX coins from that exchanges collapse over 10 years ago. It is crazy it took this long to finally get to this point. Personally I don't think this is the end of the bull market. That first surge was a year early and I think we are going to have a big of a reset here and then continue higher with the peak being sometime between mid 2025 to late 2025. Typically I wouldn't tell someone to let their assets sit around on a centralized exchange but if you let you ETH sit in your wallet you will be stuck when this stuff really cranks up.
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I am making profits out of profits so I can sell even now and still making profits. However due to thee relative shorter time to maximize our profits, it is needed to sell when the prices would to soar again because it never stays high and also because we have to learn from the past BTC movements.
Even now with ETF inflows supporting the price of BTC in particular and yet the Altcoins are still at bear market price points and personally I will have to wait until BTC pumps again to make the Altcoins get pulled up and the resulting peak of the price is the signal to sell.
My own signal to sell BTC for me is when BTC is already making a plateau price action after reaching its predicted price in this cycle. Than from the profits I will reinvest some of it from cryptos which gives me an everyday profit while at the same time making my goals come into reality. And to think that I still have BTC that I will be holding for maybe another one or two BTC cycles is truly making me happier than I could ever wish or had occurred to my mind years before that this luck could ever happen to my rather uninteresting life @brainphobos 😀😍
I wish all the best.👍
Getting to this last leg of the bull market is always tough for sure and right now inflation is crushing a lot of people around the world so it is easier said than done.