Hey Steemers!
For those that called the bottom yesterday at $227 and bought in are surely going to be sitting pretty now as the price rose back up to $290. The so-called hoax caused the drop according to some sources - what does this say about the stability of crypto - I'll let you decide!
Ethereum is set to coincide with the barrier of want if the move continues so this will be interesting to see.
Today I am BULLISH on Ethereum, I can see a move over $300 if parity continues, I am putting this likelihood down to 55% so we will have to get an ongoing swing for this to come to fruition. An alternate parity swing could see a dip back to $250 if the bears take hold.
Stymied determination is warranted with Ethereum today, be wary of silent players!