Ethereum technology is fantastic but the currency has no meaningful long-term value (I think). My initial price projection did not see the value of $ETHUSD go past $20, however, after minting new high's the currency has reached what I call "lala land' where anything can happen.
One word of caution, when there is a massive imbalance of buyers and sellers (more buyers + few sellers ='s explosive price) anything can happen on the downside as well. Remember, most buyers are buying at the top which means the professional buyers are going to be WAY down towards the upper 20's and waiting to re-accumulate near those levels.
Follow the trend and hope for the best. Tight stops are always recommended when 'lala land' is reached and price goes vertical.
One word of caution, when there is a massive imbalance of buyers and sellers (more buyers + few sellers ='s explosive price) anything can happen on the downside as well. Remember, most buyers are buying at the top which means the professional buyers are going to be WAY down towards the upper 20's and waiting to re-accumulate near those levels.
Follow the trend and hope for the best. Tight stops are always recommended when 'lala land' is reached and price goes vertical.