Crypto trader DonAlt, known for his accurate 700% prediction of $XRP price movement, named a technical target of $10,000 for Ethereum. However, he ironically admitted that he plans to close his own position much earlier, once $ETH reaches $3,000.
During a discussion on X, the analyst revealed details of his current trading setup, demonstrating a skeptical attitude toward long-term five-figure targets.
According to DonAlt, he opened a long position in $ETH at around $1,900 on Aug. 13. The trader admitted that buying at resistance in a consolidating market goes against classical technical analysis. However, the decision was driven by a psychological factor: "I am less comfortable having no position than having one at a less-than-optimal price."
u.today