Foreign media reported that DonAlt, a trader who had received attention for looking ahead at the XRP, had recently spoken on social platforms about his judgment about the ETA. He had set a forward target of $10,000, but at the same time said that he was more likely to sell it when ETH was near $3000, and that it was clearly more conservative than the public target.

13 August

DonAlt said he was building a multi-heading ETH position around $1900 on August 13th. He acknowledged that this position was not in line with the traditional technical analysis of the “unsuitable position of resistance between shock zones”.

He explained, however, that it was more difficult for him to accept a full space at the time than to hold a position in an undesired position. This means that the transaction is not based solely on graph signals, but also has a clear subjective element of judgement.

If the price fell, he also mentioned that consideration would be given to continuing the silo in the support area near $1700.

Separate public targets from actual sales points

In interacting with users, DonAlt divides its expectations into three levels:

  • Official target is $4000
  • Macro target is $10,000
  • Actual planned close to $3000

He uses this to divert a behaviour that is common to traders: even if it is better to see, it is possible that the real hold-up may be realized earlier. As a result, it appears from the statement that $10,000 is more of a forward scenario judgement than the one he is currently planning to implement.

I've been concerned about the XRP judgment.

DonAlt was previously well known to the market for judging an increase in XRP. It was reported that he had predicted that the XRP would rise from US$ 0.5 to US$ 3.5, and that the movement had largely been followed.

However, the maximum target he had given for the XRP at that time was $6.9 and the price had fallen before it reached that level. This also reflects the fact that there is often a clear gap between the remote targets given by analysts and where the market eventually actually reaches.

From this statement of ETH, DonAlt, on the one hand, maintains a high upswing and, on the other hand, emphasizes a more early and realistic choice. For the market, such views are better suited to be seen as a trader ' s personal judgement than as a definitive price path.