X Hall of Flame, Roman – Cointelegraph Magazine

Now that a spot Ether ETF has launched, hold off on assuming that Ether’s price will skyrocket. According to anonymous crypto trader Roman, Bitcoin is holding its price queue for some time.

“In the short term, I don’t see Ethereum doing that well, at least not for the next few months,” he predicted in an interview with Hall of Flame.

A popular cryptocurrency trader with 56,000 followers believes that Ether, like the rest of the cryptocurrency market, should wait for a while until traders get bored with the Bitcoin price and then move their funds to other cryptocurrencies.

“ETH will have time. I think the biggest implication of this is when there is a liquidity shift,” Roman explains.

When traders start to change the liquidity by cashing out their Bitcoin and moving into riskier assets, it usually means they think Bitcoin has reached its peak or is close to it.

Roman recalled that Ethereum “wasn’t doing too well” before Bitcoin reached $40,000 in 2020, noting that Ethereum was down 80% from its all-time high when Bitcoin hit its all-time high.

“Let’s say bitcoin gets to $120,000. It’s going to correct to maybe $90,000. When those people take profits in that correction, they don’t just take the profits and run to the bank. They put that money into Ethereum and all the other altcoins,” he explains.

“The only way we can get there is if Bitcoin breaks its all-time high and sustains much higher, so that more money can pour into everything.”

Roman believes this change is likely to happen before December, adding that Bitcoin’s break above $72,000 is “solid evidence” that it is headed toward $90,000.

If you’re still considering jumping into Bitcoin, Roman thinks you might be a little late to the game, but altcoins are still worth a try.

“I wouldn’t buy it now. At least for Bitcoin, I think it’s too late now. But I disagree with a lot of altcoins,” he says.

Technical market talk is nothing new to Roman. He just finished a daily phone call with about 100 subscribers, who pay about $40 a month to hear him talk about the markets.

What prompted Roman to appear on X Fame?

Roman admits that when he started X in April 2021, he forgot it was a public platform and used it like a teenage girl keeping a diary.

“My Twitter posts were basically my diary,” he said, laughing, claiming his content went viral by accident.

“I don’t know how it blew up. I wasn’t tweeting at people. I had a very small account,” he says with a laugh.

But some of the things he said during the last bull market were money-related, which probably caught the eye of hopeful traders.

“My analysis of the 2020 and indeed 2021 bull market was pretty accurate. I wrote a few articles suggesting that the peak was in November 2021, and it turned out to be true,” he says.

“I don’t know if I was lucky, but I think in the end my analysis speaks for itself and many people who follow it know that it is relatively reliable compared to many other traders,” he said with a laugh.

“There’s a lot of scammers and stuff in this space. They post analyses and stuff, and nothing comes out of it.”

“They’ll post in both directions and then delete one post and try to get popular by putting another one out there and people will notice that I don’t do that. I just let my work speak for itself,” he explains.

What type of content does Roman create?

Roman is a very active content creator on X, posting 4-5 times a day.

“I think there will be a lot of Bitcoin on the charts, a dominance chart, and an all-coin chart,” he says.

He also live streams market chart analysis on his YouTube channel.

“I also live stream for free on Mondays, Wednesdays and Fridays for the public,” he explained.

What type of content does Roman like?

Roman mostly follows other crypto traders on his feed and doesn’t have much time for meme-filled or disparaging content about crypto.

One of his favorites is veteran analyst and chart expert Peter Brandt.

“He’s been trading for 40 years, you can learn a lot from him. He’s not just a crypto trader, he’s a general trader as well,” he says.

One of his favorite solo crypto traders is Castillo Trading, who is also an anonymous trader.

“He’s pretty solid. He’s another American,” he says.

Roman is also a fan of “IWantCoinNews” as they post altcoin charts.

What is Roman’s prediction?

Unlike other traders who play it too safe for fear of being wrong, Roman shows the same alpha energy as a 6’10” tall man when making predictions on a football field.

But he is aware enough to warn us when he is about to utter a cliche.

“I hate to say it, but we’re ready to take off,” he said with a laugh.

“If we break $72,000, there’s nothing that can stop us right now,” Roman said.

“I conservatively estimate the cost of the accident at $100,000 to $120,000 by the end of this year,” he said.

He believes that once liquidity moves away from Bitcoin, “everything related to AI will do relatively well.”

“The two horses I’m betting on are TAO and Fetch.AI,” he declared.

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Sheeran Lyons

Ciaran Lyons is an Australian cryptocurrency journalist. He is also a stand-up comedian and has worked as a radio and TV presenter on Triple J, SBS and The Project.