Ethereum Trader Targets $10K but Aims to Sell at $3K for Safer Profits
Crypto trader DonAlt is targeting a theoretical price of $10,000 for Ethereum, but plans to sell his long position at $3,000. This cautious approach reflects his past experience with XRP, where he missed the maximum target by selling earlier. DonAlt's official target is $4,000, with $10,000 as a long-term possibility. However, he prioritizes risk management by exiting at $3,000.
DonAlt opened his long position on Ethereum at $1,900 and remains cautious, preferring to secure gains early rather than hold out for the high target that may not be reached. This strategy is based on his past experience with XRP, where he sold earlier and missed the maximum target.